Edition:
United Kingdom

Saikat Chatterjee

Euro near seven-week lows before PMI data release

8:33am GMT

LONDON The euro held near seven-week lows on Friday after the European Central Bank struck a more dovish tone at Thursday's meeting than some had expected.

Pound extends gains as rate cut bets melt

23 Jan 2020

LONDON The pound extended gains on Thursday, building on the one-month high it reached against the euro in the previous session, as data this week reduced market expectations of a central bank rate cut as early as next week.

UPDATE 4-Italian bond market stabilises after report 5-Star leader quitting

22 Jan 2020

* Italian bonds rise then fall back after report Di Maio to quit

FOREX-Swiss franc falls as cbank intervention talk outweighs virus worries

22 Jan 2020

LONDON, Jan 22 The Swiss franc fell on Wednesday on signs the central bank may be intervening to stop it rising further, outweighing the impact of concerns about the spread of a new coronavirus that have driven investors into safe-haven assets this week.

FOREX-Euro at one-month lows before ECB meeting; yuan fragile

22 Jan 2020

LONDON, Jan 22 The euro remained at a one-month low on Wednesday amid expectations European Central Bank policymakers would strike a cautious tone when they met later on Thursday.

RPT-British bank Lloyds plans cuts to FX business - sources

22 Jan 2020

LONDON, Jan 21 Britain's Lloyds Banking Group plans to scale down its foreign exchange business by the end of the year, stung by low profitability and rising competition from its rivals, three sources familiar with the matter said.

British bank Lloyds plans cuts to FX business - sources

21 Jan 2020

LONDON Britain's Lloyds Banking Group plans to scale down its foreign exchange business by the end of the year, stung by low profitability and rising competition from its rivals, three sources familiar with the matter said.

Pound near day's highs as strong UK jobs data trims rate cut bets

21 Jan 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds quotes, graphic)

Airbus unit to offer product to help airlines with revenue volatility

20 Jan 2020

LONDON A subsidiary of Airbus , the world’s largest planemaker, is preparing to launch a financial product aimed at helping its airline customers hedge against risks to revenue, officials said.

FOREX-Yuan, Aussie gains as China data offers hope

17 Jan 2020

LONDON, Jan 17 The Australian dollar and its emerging market counterparts gained on Friday as Chinese data showed pressure on the world's second-biggest economy may be starting to diminish, with the offshore yuan rising to a six-month high against the greenback.

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