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Currencies Foreign Exchange

  • TOKYO, Nov 22- The dollar treaded water against its peers on Wednesday, capped as U.S. The greenback was a shade lower at 112.280 yen, after slipping overnight from a high of 112.705. But what is taking precedence is the adjustment of positions before the Thanksgiving and year-end holidays by participants, resulting in the covering of yen shorts, "said Yukio...

  • A US dollar bill, £1 coin and 1 euro coin

    The dollar dipped against its peers on Wednesday, weighed down by sagging U.S. Treasury yields.

  • TOKYO, Nov 22- The dollar dipped against its peers on Wednesday, weighed down as U.S. The greenback was a shade lower at 112.340 yen, after slipping overnight from a high of 112.705. But what is taking precedence is the adjustment of positions before the Thanksgiving and year-end holidays by participants, resulting in the covering of yen shorts, "said Yukio Ishizuki,...

  • *Canadian dollar at C $1.2785, or 78.22 U.S. cents. *Loonie touches its weakest since Nov. 2 at C $1.2837. TORONTO, Nov 21- The Canadian dollar strengthened against its U.S. counterpart on Tuesday, with the currency recovering from an earlier three-week low as oil prices climbed and investors weighed prospects for the North American Free Trade Agreement.

  • LONDON, Nov 21- Sterling eased back from an eight-day high against the euro on Tuesday, with investors focused on Wednesday's UK budget statement in which finance minister Philip Hammond will have to balance calls for more spending against weaker growth. Having earlier hit an eight-day high of 88.41 pence per euro, sterling weakened to trade slightly lower on...

  • LONDON, Nov 21- Sterling eased back from an eight-day high against the euro on Tuesday, with investors focused on Wednesday's UK budget statement in which finance minister Philip Hammond will have to balance calls for more spending against weaker growth. Having earlier hit an eight-day high of 88.41 pence per euro, sterling weakened to trade slightly lower on...

  • NEW YORK, Nov 21- The dollar turned broadly lower on Tuesday, moving in line with declining U.S. 10- year Treasury yields and consolidating gains from Monday in light trading ahead of Thursday's Thanksgiving holiday in the United States. The euro steadied and was little changed after registering its biggest one-day fall in a month on Monday as investors looked...

  • *Canadian dollar at C $1.2794, or 78.16 U.S. cents. *Loonie touches its weakest since Nov. 2 at C $1.2837. TORONTO, Nov 21- The Canadian dollar firmed against its U.S. counterpart on Tuesday, with the currency recovering from an earlier three-week low as oil prices edged higher, while data showed a surprise drop in domestic wholesale trade.

  • LONDON, Nov 21- The euro steadied on Tuesday after registering its biggest daily fall in the previous session as investors looked beyond Germany's political impasse to focus on the euro zone's still robust economy. "The worst case scenario is that the German political process will take a little more time to resolve but markets are not expecting anything...

  • Euro Dollar

    The U.S. currency is set to have a disappointing 2018 against the euro, according to currency experts at UBS.

  • LONDON, Nov 21- Sterling strengthened to an eight-day high against the euro on Tuesday as political uncertainty in Germany kept the single currency under pressure while cautious optimism around Prime Minister Theresa May's Brexit bill offer supported the pound. The Independent news website said May's opening offer could double to around 40 billion euros...

  • LONDON, Nov 21- European stocks opened lower on Tuesday and the euro hit an eight-day low against sterling as a governing crisis in Germany weighed on markets. German President Frank-Walter Steinmeier said Germany was facing its worst governing crisis in the 68- year history of its post-World War Two democracy and pressed all parties in parliament "to serve...

  • LONDON, Nov 21- The euro steadied on Tuesday after notching up its biggest fall in nearly a month in the previous session as investors shrugged aside concerns of any fallout from the German political deadlock for now. "Politics is not much of a concern for now and I think the euro may only weaken now if it seems that Merkel herself may be a casualty of this fallout," said...

  • TOKYO, Nov 21- The dollar gave back some of its gains in Asian trading on Tuesday but stuck close to a one-week high against a basket of currencies as a German political deadlock continued to pressure the euro. The euro edged up 0.1 percent to $1.1739, nursing losses after dropping to $1.1722 in the previous session after German coalition government talks...

  • The new £1 pound coin is seen alongside US dollar bills and euro notes on April 4, 2017 in Bath, England.

    Investors were seeking to even their books in advance of a speech from Fed Chair Janet Yellen expected over the next 24 hours.

  • TOKYO, Nov 21- Asian stocks edged higher on Tuesday as investors took heart from further evidence of strength in the global economy, while the dollar hovered near a one-week high against its peers thanks to higher U.S. yields and a floundering euro. Gains on Wall Street overnight also helped MSCI's broadest index of Asia-Pacific shares outside Japan tack on 0.15...

  • TOKYO, Nov 21- The dollar gave back some of its gains in Asian trading on Tuesday but remained not far from a one-week high against a basket of currencies as German political uncertainty continued to pressure the euro. The euro edged up 0.1 percent to $1.1738, nursing losses after dropping to $1.1722 in the previous session after German coalition government...

  • Tan Teck Leng, FX analyst at UBS Wealth Management, says the euro remains supported by the underlying economy of the euro zone.

  • *Canadian dollar at C $1.2808, or 78.08 U.S. cents. Oil, one of Canada's major exports, eased as traders were wary of betting too heavily on which way prices might move ahead of next week's meeting of the Organization of the Petroleum Exporting Countries. "The market may be shifting its collective attention more toward developments in crude prices," said Mazen Issa,...

  • Political uncertainty in Germany and hopes for U.S. tax reform are likely to prop up the dollar, says Steven Englander, head of research and strategy at Rafiki Capital Management.