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Search results for "FX"



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ECB announces Christmas break for QE

The European Central Bank said on Wednesday it would temporarily pause its asset purchase program, resuming the purchases on January 4.
Source: CNBC.com | By: Katy Barnato
Why markets are still not ready for the Fed to hike

Analysts are warning that investors are still at risk of being caught out by the pace of rate rises next year, particularly in U.S. government bonds and the dollar.
Source: CNBC.com | By: Jenny Cosgrave
Hong Kong cosmetics retailer Sa Sa gets a makeover

Hong Kong-based skincare and cosmetics retailer Sa Sa is shaking up its product offering as customers are increasingly buying cheaper goods.
Source: CNBC.com | By: Huileng Tan
Dollar softens, commodity currencies benefit from oil rally

The dollar nursed broad losses early on Wednesday as investors cut crowded long positions in the lead-up to the U.S. Thanksgiving holidays, and amid heightened geopolitical tensions after Turkey downed a Russian warplane.
Source: Reuters
How the downing of a Russian jet impacted FX  

The Russian jet downing led to an unwinding of existing risk trades, says Ray Attrill, co-head of FX strategy at National Australia Bank.
Source: CNBC.com
BOE's Carney sounds vague on rate hike timing, again

Bank of England Governor Mark Carney told MPs he did not know when UK interest rates should start to rise.
Source: Reuters
Dollar falls as Middle East fears trump US GDP data

The U.S. dollar edged down on Tuesday as investors piled into safe-haven currencies on concerns about rising tension between Russia and Turkey.
Source: Reuters
European markets close lower on increased geopolitical risk  

CNBC's Simon Hobbs reports on all the market moving events in Europe today, as airline stocks pullback amid travel warnings from the U.S. State Department.
Source: CNBC.com
US GDP data revised up  

Valentin Marinov, head of G-10 FX research at Credit Agricole, comments on U.S. GDP which was revised up to 2.1 percent for the third quarter.
Source: CNBC.com
Tensions will affect Turkish lira: Strategist  

Valentin Marinov, head of G-10 FX research at Credit Agricole, comments on how geopolitical tensions will affect markets and says the Russian plane incident is going to weigh on the Turkish lira.
Source: CNBC.com