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Sep 19, 2014

Nigeria finmin confident 2014 GDP growth will exceed 6 pct

SINGAPORE, Sept 19 (Reuters) – Nigeria’s finance minister
said on Friday she is confident that growth in 2014 will be
around the government’s latest forecast of 6.5 percent after
discounting the economic impact of the insurgency waged by the
Islamist group Boko Haram.

“We are confident it will be better than 6 percent and about
6.5,” Nigeria’s finance minister, Ngozi Okonjo-Iweala, told
Reuters.

Sep 18, 2014

Dollar/yen hits six-year high as markets buy ‘hawkish’ Fed guidance

SYDNEY/SINGAPORE, Sept 18 (Reuters) – The dollar hit a six-year high against
the yen on Thursday after the Federal Reserve’s guidance on interest rates
highlighted the diverging pathways between the United States and other rich
nations.

The greenback raced to a high of 108.69 yen, its strongest level
since September 2008. The dollar last traded at 108.58 yen, up 0.2 percent on
the day.

Sep 16, 2014

Dollar pauses from rally as Fed comments loom, Aussie off lows

SYDNEY/SINGAPORE (Reuters) – The dollar eased on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar held above a six-month trough.

The dollar index .DXY slipped 0.1 percent to 84.193, largely consolidating in a slim 84.035-84.519 range since its rally to a 14-month peak on Sept. 9 ran out of steam.

Sep 12, 2014

Dollar hits fresh six-year high versus yen, Aussie flounders

SINGAPORE/SYDNEY (Reuters) – The dollar set a fresh six-year high against the yen on Friday, continuing to draw strength as investors bet that the U.S. Federal Reserve could send a hawkish signal at its policy meeting next week.

The dollar touched a high of 107.39 yen, its strongest level since September 2008, and last traded at 107.35 yen, up 0.2 percent from late U.S. trade on Thursday.

Sep 12, 2014

Dollar hits fresh 6-year high vs yen, Aussie flounders

SINGAPORE/SYDNEY, Sept 12 (Reuters) – The dollar set a fresh
six-year high against the yen on Friday, continuing to draw
strength as investors bet that the U.S. Federal Reserve could
send a hawkish signal at its policy meeting next week.

The dollar touched a high of 107.39 yen, its strongest level
since September 2008, and last traded at 107.35 yen, up 0.2
percent from late U.S. trade on Thursday.

Sep 9, 2014

Dollar sets fresh 14-month high on Fed study, sterling woes

SYDNEY/SINGAPORE (Reuters) – The dollar scaled a 14-month high against a basket of currencies on Tuesday, after a Federal Reserve study made investors reassess prospects for higher U.S. interest rates, while sterling fell on worries that Scots may vote for independence.

The dollar index .DXY rose 0.3 percent to 84.445. It rose to 84.496 at one point, bringing into view the July 2013 peak of 84.753. A break there will take it to highs unseen since July 2010.

Sep 8, 2014

Sterling skids to near 10-month low on Scotland worries

SYDNEY/SINGAPORE, Sept 8 (Reuters) – Sterling weakened to
its lowest in nearly 10 months on Monday amid worries about
political uncertainty after an opinion poll showed supporters of
Scottish independence from Britain taking the lead for the first
time since the referendum campaign began.

With less than two weeks to go before the vote, a YouGov
survey for the Sunday Times newspaper put the “Yes” to
independence campaign at 51 percent against the “no” camp at 49
percent.

Sep 5, 2014

Euro wobbly after ECB’s stimulus jolt; dollar hits 6-year high vs yen

SYDNEY/SINGAPORE, Sept 5 (Reuters) – The euro languished
near a 14-month low versus the dollar on Friday, struggling to
regain its footing after the European Central Bank delivered a
fresh round of stimulus and promised even more if needed.

The common European currency slipped 0.1 percent to $1.2935
. On Thursday, it had tumbled 1.6 percent, its biggest
one-day drop in nearly three years versus the dollar, and set a
14-month low of $1.2920.

Sep 4, 2014

Euro holds steady as ECB policy decision looms

SYDNEY/SINGAPORE, Sept 4 (Reuters) – The euro held steady
versus the dollar on Thursday, having recovered from one-year
lows set earlier this week as investors repositioned ahead of
the European Central Bank policy review.

News of a ceasefire plan in eastern Ukraine further shored
up the common currency, although this is now in doubt after
Ukraine’s prime minister dismissed the proposal outlined by
President Vladimir Putin.

Sep 1, 2014

Euro hits fresh one-year low, hamstrung by Ukraine turmoil

SYDNEY/SINGAPORE (Reuters) – The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.

The euro fell as far as $1.3119 EUR=, reaching lows not seen since early September 2013. It last traded at $1.3125, down 0.1 percent on the day.