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Euro bounces but markets wary before Jackson Hole
LONDON The euro rebounded from the day's lows on Monday but held well below a 2-1/2 year high hit earlier this month as markets bet the single currency's double-digit gains this year may be too much for a central bank that is still wary of removing stimulus.
Sterling struggles after worst week since early June
LONDON Sterling edged back on Monday towards an almost 6-week low against the dollar as growing doubts around the progress of Brexit talks with Europe continued to weigh on the currency.
Markets still bewildered after China central bank explains yuan 'X'-factor
SHANGHAI A week after China's central bank finally offered some explanation of the mysterious new 'X'-factor it has added to its daily yuan reference rate, traders and analysts say they are none the wiser over how to make sense of it.
China's yuan set for the first weekly loss in over a month after strong rally
SHANGHAI China'a yuan eased against the U.S. dollar on Friday and looked set to post its first weekly loss since early July, after a strong multi-month rally.
Federal Reserve swaps with foreign central banks total $36 million in latest week
NEW YORK, Aug 17 The Federal Reserve provided $36 million of liquidity to foreign central banks in the latest week via its swap lines for foreign central banks, the New York Fed said on Thursday.
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