The yuan fell to a two-week low against the dollar on Thursday and was set to clock its largest weekly fall in five-and-a-half months, as the spread of a new flu-like virus that forced China to lock down a city of 11 million people.
* Yuan has lost more than 1% since Monday as virus spreads. * Yen at two-week highs, but moves contained. * ECB rate decision due at 1245 GMT, press event at 1330 GMT. * Aussie jumps after strong employment data. * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh.
* Yen at 2-week high, yuan at 2-week low on virus fears. * Aussie jumps as unemployment unexpectedly drops. * Pound at three-week peak as rate cut bets subside. * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E. By Tom Westbrook.
The dollar rose against the euro on Thursday after the European Central Bank held interest rates steady and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.
* Investors head for safety as China virus spreads. * Japanese yen rises to three-week high. * Aussie jumps as unemployment unexpectedly drops. * Pound at three-week peak as rate cut bets subside. * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E. By Tom Westbrook.
HBIS Group, China's second-biggest steelmaker, on Wednesday said its trading arm had secured two letters of credit to purchase iron ore from Brazil's Vale in a 200 million yuan contract denominated in the Chinese currency.
* Oil tumbles as supply jitters dissipate. * Safe-haven currencies ease climb against the dollar. * World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos and April Joyner. World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus.
The Canadian dollar weakened to
a near four-week low against the greenback on Wednesday after
dovish comments by the Bank of Canada in a policy announcement
prompted investors to raise bets on ...
* Investors shake off China virus worries. * Sterling gains further as BoE rate-cut fears recede. By Saqib Iqbal Ahmed. The U.S. dollar was unchanged against a basket of currencies on Wednesday as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy.
* Stocks arrest slide as authorities tackle spread of virus. * Sterling rises sharply against the dollar. * Oil tumbles as Libya supply jitters dissipate. * World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos.
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