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Currencies Foreign Exchange

  • *Canadian dollar at C $1.2637, or 79.13 U.S. cents. TORONTO, Oct 23- The Canadian dollar was slightly weaker against its U.S. counterpart on Monday after a big fall to end last week, as investors wait for a rate decision from the Bank of Canada. trading at C $1.2637 to the greenback, or 79.13 U.S. cents, down 0.1 percent and at its weakest level since late August.

  • LONDON, Oct 23- The dollar touched a three-month high against the yen on Monday, as investors bet an emphatic election victory for Japan's ruling party would see a continuation of "Abenomics", the ultra-loose policies that have kept downward pressure on the yen. President Donald Trump said in comments aired on Monday that he would make his choice on the Fed chair "...

  • LONDON, Oct 23- A stronger dollar increased pressure on some emerging currencies on Monday with the Turkish lira and stocks suffering as the latest concerns over Ankara's relationship with Washington compounded the weaker global backdrop. But Turkey's lira and South Africa's rand- both seen as vulnerable to U.S. interest rate rises due to current account...

  • 100 dollar bills

    Investors bet that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy.

  • LONDON, Oct 23- The dollar touched a three-month high against the yen on Monday, with investors betting that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy that have kept downward pressure on the yen. Japanese Prime Minister Shinzo Abe's ruling bloc scored a big win in Sunday's election, with...

  • *Spot gold may seek support in $1,271- $1,273/ oz range- techs. Oct 23- Gold hit its lowest in over two weeks on Monday, as the dollar climbed to a three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election, leaving the door open to ultra-loose monetary policy for longer. "This move is just really because of the dollar strength," said...

  • SYDNEY, Oct 23- Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe's ruling bloc gave a green light for more policy stimulus, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the region. The U.S. dollar was the major beneficiary as President Donald Trump and Republicans took a small...

  • *Spot gold may seek support in $1,271- $1,273/ oz range- techs. Oct 23- Gold hit its lowest in over two weeks early on Monday, as the dollar climbed to a more than three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election, leaving the door open to ultra-loose monetary policy for longer. "This move is just really because of the dollar...

  • TOKYO, Oct 23- The dollar touched a three-month high against the yen on Monday, with an emphatic election victory for Japan's ruling party keeping yen-weakening stimulus measures at the heart of government policy. Prime Minister Shinzo Abe's ruling party scored a big win in Sunday's election with his coalition keeping its two-thirds "super majority" in the...

  • Oct 23- Gold prices hit their lowest in over two weeks early on Monday, as the dollar climbed to a more than three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election. *Spot gold was down 0.4 percent at $1,275.48 an ounce by 0037 GMT, after earlier dropping to its lowest since Oct. 6 at $1,273.80. *Japan's yen hit over three-month lows...

  • SYDNEY, Oct 23- Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe's ruling bloc gave a green light for more super-easy policy stimulus, while the euro eased as Spain's constitutional crisis aggravated concerns about political unity in the region. The U.S. dollar was the major beneficiary as President Donald Trump and Republicans...

  • TOKYO, Oct 23- The dollar edged up to a three-month high against the yen on Monday, with an emphatic election victory for Japan's ruling party keeping yen-weakening reflationary measures at the heart of government policy. Prime Minister Shinzo Abe's ruling party scored a big win in Sunday's election with his coalition keeping its two-thirds "super majority" in...

  • TORONTO, Oct 20- The Canadian dollar suffered its biggest drop in nine months against the greenback on Friday, after domestic data showing a drop in retail sales added to expectations that the Bank of Canada will leave interest rates on hold next week. Separate data showed that Canada's annual inflation rate increased to 1.6 percent in September from 1.4...

  • *U.S. Senate passes budget plan that could usher in tax reform. NEW YORK, Oct 20- World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. Republican Senator Rand Paul appeared to...

  • Oct 20- Wells Fargo& Co is facing fresh regulatory scrutiny in both its consumer and institutional businesses, according to reports in the New York Times and Wall Street Journal on Friday, as the third-largest U.S. bank continues to work through a prolonged scandal over its sales practices. The Office of the Comptroller of the Currency criticized Wells Fargo in a...

  • NEW YORK— Three high-level foreign exchange executives and a currency trader have left Wells Fargo, the bank that has been through several investigations after a scandal over millions of fake accounts and another over auto insurance practices. Wells Fargo confirmed Friday that the employees from the investment bank side of the business were no longer with...

  • *U.S. tax cuts clear budget hurdle in Senate. "This is clearly a picture of somewhat of a risk-on rotation today, and its ignited some of the animal spirits as we take another step closer to the potential for tax reform coming to fruition," said Bill Northey, chief investment officer at the Private Client Group at U.S. Bank in Helena, Montana. Senate approval of a budget...

  • *U.S. Senate passes budget plan that could usher in tax reform. NEW YORK, Oct 20- World stocks and bond yields rose and the U.S. dollar strengthened on Friday, as investors anticipated President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. Republican Senator Rand Paul appeared...

  • Oct 20- Wells Fargo& Co, the third-largest U.S. bank by assets, has fired four foreign-exchange bankers amid an investigation into that business by both the bank and regulators, the Wall Street Journal reported, citing people familiar with the matter and the bank. The foreign-exchange investigation now shows there is also trouble in Wells Fargo's...

  • *Senate passes budget plan that could usher in tax reform. NEW YORK, Oct 20- World stocks climbed, along with the U.S. dollar and bond yields on Friday, as investors anticipated President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts. Republican Senator Rand Paul appeared to back...