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Apr 29, 2014
Apr 28, 2014
Apr 28, 2014

Euro firm on safe-haven flow, expectation for inflation uptick

NEW YORK (Reuters) – The euro hit a two-week high against the U.S. dollar on Monday, helped by both safe-haven flows due to the Ukraine crisis and expectations euro zone inflation will show an increase this week, lessening the need for looser monetary policy.

Sterling edged to a 4-1/2 year high against the greenback after flirting with the level for the past month. Improving economic activity and the potential buyout of British drugmaker AstraZeneca (AZN.L: Quote, Profile, Research, Stock Buzz) by U.S. drugmaker Pfizer (PFE.N: Quote, Profile, Research, Stock Buzz) helped the pound. <GBP/>

Apr 26, 2014
Apr 26, 2014
Apr 26, 2014
Apr 26, 2014
Apr 26, 2014
Apr 25, 2014

Dollar down vs yen, Swiss franc as Ukraine tensions feed safety bid

NEW YORK, April 25 (Reuters) – Investors moved to the safety
of the yen and Swiss franc on Friday, unnerved by escalating
tensions between the West and Russia over Ukraine, and also took
advantage of higher yielding Pacific currencies.

Mixed U.S. data in recent weeks has left investors without a
clear trend, which is now being trumped by the geopolitical
concerns in Europe, a combination that has made placing big bets
on currency movements high risk endeavors.

Apr 25, 2014

Yen and Swiss franc gain as Ukraine worries feed safety bid

NEW YORK (Reuters) – Investors moved to the safety of the yen and Swiss franc on Friday, unnerved by escalating tensions between the West and Russia over Ukraine, and also took advantage of higher yielding Pacific currencies.

Mixed U.S. data in recent weeks has left investors without a clear trend, which is now being trumped by the geopolitical concerns in Europe, a combination that has made placing big bets on currency movements high risk endeavors.

    • About Daniel

      "I'm a New York-based global investment correspondent with over 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997
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