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Dollar regains footing, rises after CPI data

The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.
Source: Reuters
European shares hover near 3-week high but luxury stocks fall

*London and Wall St closed for holiday on Monday. LONDON, May 22- European shares hovered near three-week highs on Friday, boosted by a dip in the euro on currency markets, although luxury goods stocks underperformed after weak sales figures from Richemont. European equities have rallied this year on the back of a government bond-buying program and record low...
Source: Reuters | By: Sudip Kar-Gupta
European shares slip off 3-week high as Richemont retreats

*London and Wall St closed for holiday on Monday. LONDON, May 22- European shares slipped off three-week highs on Friday, with luxury goods group Richemont falling on weak sales, while a rebound in the euro also pegged back the region's stock markets. European equities have rallied this year on the back of a government bond buying programme and record low interest...
Source: Reuters | By: Sudip Kar-Gupta
FOREX -Dollar surge cools, eyes on Yellen, inflation

LONDON, May 22- The dollar edged lower on Friday but remained on course for its first week of gains against the euro and a basket of major currencies since the start of April ahead of inflation numbers later in the day. Dealers said there might be little appetite for another big move ahead of UK and US public holidays on Monday. The yen was up around a quarter of a...
Source: Reuters | By: Patrick Graham
Here's why dollar king will reign supreme  

Sim Moh Siong, FX strategist at Bank of Singapore, expects the Fed to raise rates in September, which will help the U.S. dollar to resume its strength after a brief consolidation in this quarter.
Source: CNBC.com
GLOBAL MARKETS-Asia up after Wall Street sets record high, dollar steadies after slip

TOKYO, May 22- Asian shares rose early on Friday after Wall Street set another record high with prospects for a Federal Reserve rate hike in June all but quashed, while the dollar steadied after losing ground to the euro for the first time this week on downbeat U.S. data. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent with South Korean...
Source: Reuters
Dollar weakens against euro for first time in week

The U.S. dollar weakened against the euro on Thursday for the first time this week.
Source: Reuters
Sterling surges after UK retail sales boost

LONDON, May 21- Sterling powered to a two-month high against the euro and erased much of this week's loss against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April. "With the recent uptick in the housing market after a winter lull, and consumer confidence at its highest for several years, there's good reason to...
Source: Reuters | By: Patrick Graham and Jemima Kelly
FOREX-Dollar weakens against euro for first time in week

NEW YORK, May 21- The U.S. dollar weakened against the euro on Thursday for the first time this week, as investors were reluctant to enter new positions after a dramatic selloff over the past month, and as some economic data disappointed. "People are reluctant to put on strong dollar positions," said Sebastien Galy, senior foreign exchange analyst at Societe Generale...
Source: Reuters | By: Karen Brettell
Sterling surges after stronger-than-expected UK retail sales

LONDON, May 21- Sterling hit a two-month high versus the euro and jumped against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April, recovering from a fall the previous month. But the sales figures eased concerns that a slowdown in Britain's economy in the first quarter might be the start of a longer period of...
Source: Reuters