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Weaker pound, retail stocks boosts FTSE 100; Mid-caps end best day in two-weeks;
Published at 22/04/2021 at 17:35 -
Solid earnings boost European stocks as ECB stands pat
Published at 22/04/2021 at 17:22 -
FTSE 100 rises on miners, industrials boost; Rentokil Initial slumps
Published at 22/04/2021 at 08:22 -
European shares extend gains on upbeat Nestle, Volvo earnings
Published at 22/04/2021 at 08:17 -
UK Stocks-Factors to watch on April 22
Published at 22/04/2021 at 07:52 -
UK Stocks-Factors to watch on April 22
Published at 22/04/2021 at 06:17 -
FTSE 100 ends higher on AstraZeneca, oil stock boost; Just Eat Takeaway slumps
Published at 21/04/2021 at 17:29 -
European shares rebound on strong earnings, M&A speculation boosts Hugo Boss
Published at 21/04/2021 at 17:17 -
FTSE 100 rises on boost from BP, Shell; Just Eat Takeaway slumps
Published at 21/04/2021 at 08:23 -
European stocks bounce back as ASML outlook lifts tech sector
Published at 21/04/2021 at 08:20
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FOREX-U.S. dollar perks up after ECB policy talk cools euro
Published at 22/04/2021 at 20:53 -
FOREX-Euro and U.S. dollar waffle as markets weigh ECB policy talk
Published at 22/04/2021 at 15:52 -
FOREX-Euro inches higher ahead of ECB meeting, dollar languishes
Published at 22/04/2021 at 12:09 -
FOREX-Euro tiptoes higher ahead of ECB meeting
Published at 22/04/2021 at 09:12 -
FOREX-Dollar near multi-week lows as yield support fades, euro eyes ECB
Published at 22/04/2021 at 06:17 -
FOREX-Dollar loses bond yield support, euro looks to ECB for inspiration
Published at 22/04/2021 at 03:24 -
FOREX-Dollar stalls as yield gains slow, focus shifts to ECB
Published at 22/04/2021 at 02:03 -
FOREX-U.S. dollar losses bounce after Canada tips toward higher rates
Published at 21/04/2021 at 21:00 -
FOREX-U.S. dollar losses bounce after Canada tips toward higher rates
Published at 21/04/2021 at 17:51 -
FOREX-Dollar firm as COVID-19 resurgence dampens risk appetite
Published at 21/04/2021 at 15:25
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Oil steady as Libya output decline offsets risks to Asian demand
Published at 22/04/2021 at 20:47 -
PRECIOUS-Gold slips 1% as stronger U.S. dollar weighs
Published at 22/04/2021 at 19:15 -
PRECIOUS-Gold slips from 2-month peak, palladium holds near record high
Published at 22/04/2021 at 13:20 -
PRECIOUS-Gold nears $1,800 level as U.S. dollar, yields lose ground
Published at 22/04/2021 at 08:25 -
Oil falls 3rd day on U.S. stock build, surging COVID-19 cases
Published at 22/04/2021 at 03:04 -
PRECIOUS-Gold hovers near eight-week high on easing U.S. dollar, yields
Published at 22/04/2021 at 02:37 -
Oil prices drop 2% on U.S. crude build, COVID-19 surge in India
Published at 21/04/2021 at 22:33 -
PRECIOUS-Supply woes push palladium to record high, gold up more than 1%
Published at 21/04/2021 at 18:54 -
PRECIOUS-Gold gains as easing U.S. Treasury yields boost appeal
Published at 21/04/2021 at 14:04 -
PRECIOUS-Gold gains as softer U.S. dollar, yields lift appeal
Published at 21/04/2021 at 08:11
FOREX-Dollar gains across the board as Powell sticks to script
* Yen, Swiss franc, euro hit multi-month lows
* Risk currencies slide
* Graphic: World FX rates
By Joice Alves and Ritvik Carvalho
LONDON, March 5 (Reuters) - The dollar rose to multi-month highs against the euro, yen and Swiss franc on Friday after Federal Reserve Chair Jerome Powell expressed no concern about a recent sell-off in bonds.
Speaking at a Wall Street Journal forum, Powell stuck to his stance of keeping interest rates low until the economy has recovered, adding that the sell-off in Treasuries was not "disorderly".
The Swiss franc fell to a seven-month low of 0.93110 francs per dollar and was flat at 0.92765 by 1153 GMT. The euro slipped 0.3% to a three-month low of $1.19345.
"The U.S. dollar rose sharply higher post-Powell comments (as) many in the market I sense were looking for stronger rhetoric from the Fed to put a break on further rallies in yields," said Neil Jones, head of FX sales at Mizuho Bank.
"We didn't get it and the dollar is pushing higher across the board on expectations of further increases in U.S. yields."
The dollar index rose 0.3% to 91.907, a three-month high. Its gains came as the benchmark 10-year Treasury yield
jumped back above 1.5%. Last week, the Treasury yield soared to a one-year peak of 1.614%.
Versus the yen, the dollar rose 0.4% to a nine-month high of 108.39 yen .
Japanese Finance Minister Taro Aso declined to comment on the yen's decline when asked about how the depreciation would affect the economy.
"With the BOJ's (Governor) Kuroda saying that the BOJ has no need to change its yield guidance, the yen is, along with the Swiss franc, taking the brunt of the dollar's yield-fuelled recovery," said Kit Juckes, chief FX strategist at Societe Generale. "Both look cheap, but the yen in particular isn't cheap enough yet".
A rollout of COVID-19 vaccines and impending U.S. fiscal stimulus have boosted confidence in an economic recovery, adding fuel to expectations of higher inflation.
Riskier currencies, including the Australian and New Zealand dollars, slid along with stocks as investor sentiment again turned sour.
The Aussie weakened 0.6% to $0.76690, an almost one-month low. The kiwi fell 0.7% to $0.7133.
Sterling briefly fell below $1.38 to a three-week low. It was last down 0.5% at $1.3826
In the cryptocurrency market, bitcoin fell 1.8% to $47,493. Ethereum dropped 3.9% to $1,478.03.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ World FX rates
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(Reporting by Joice Alves and Ritvik Carvalho in London; additional reporting by Kevin Buckland and Sagarika in Tokyo and Sagarika Jaisinghani in Bengaluru; editing by Larry King, Kirsten Donovan)
((Joice.Alves@thomsonreuters.com; Reuters Messaging: joice.alves.reuters.com@reuters.net))