Dollar gains after report of dovish ECB members

NEW YORK (Reuters) – The euro fell against the dollar on Tuesday after reports that a “significant minority” of European Central Bank policymakers think the bank’s economic projections are too optimistic, while the Australian dollar weakened on dovish central bank comments. Several ECB policymakers said the bank’s economic projections are too rosy as weak growth in China and trade tensions […]

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Major currencies tread water ahead of euro zone, China data

TOKYO (Reuters) – Major currencies remained confined to well-trodden ranges on Tuesday, as markets look next to European and Chinese data for more evidence that the worst may be over for the global economy. The yen remained close to 2019 lows against the U.S. and Australian dollars after investors reduced exposure to the safe-haven currency to seek higher yields elsewhere. […]

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Euro lifted to 2-1/2-week high by speculative flows linked to cross-border deal

TOKYO (Reuters) – The euro rose to a 2-1/2-week high on Friday, as dealers said speculators anticipated increased demand for the common currency arising from a Japanese bank’s plans to purchase the multi-billion dollar aviation finance business from a German bank. The euro rose 0.35 percent to $1.1289 after touching $1.1294, its highest since March 26. The common currency also […]

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Commodity currencies propelled by crude oil price rally

LONDON (Reuters) – The Australian and Canadian dollars rose on Tuesday, aided by a surge in oil prices to five-month highs that lifted most commodity-linked currencies. Oil prices have rallied on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela, although energy prices slipped slightly on Tuesday. The Australian […]

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CANADA FX DEBT-C$ beats most G10 rivals as oil rallies, housing starts rebound

(Adds strategist quotes and details throughout; updates prices) * Canadian dollar gains 0.6% against the greenback * Canadian housing starts climb 15.8% in March * Price of U.S. oil rises 2.1% * Canadian bond prices fall across steeper yield curve By Fergal Smith TORONTO, April 8 (Reuters) – The Canadian dollar strengthened against its U.S. counterpart on Monday, performing better […]

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Trade talk optimism fuels gains in Aussie, yuan

LONDON (Reuters) – Australia’s dollar and the Chinese yuan gained on Wednesday on hopes for an agreement between Beijing and Washington to end their trade conflict. Reports of progress in trade talks between the United States and China, as well as reassuring factory activity data from both countries, has supported markets in recent days and sent Asian stocks to seven-month […]

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