A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.
* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh. * Risk-on sentiment weakens yen. * Euro regains composure after wild ride post-ECB. * Traders eye Fed, BOJ policy moves. By Stanley White. The yen was pinned near a six-week low versus the dollar as signs the United States and China were narrowing their differences over trade ahead of key talks decreased demand for safe haven assets.
The Canadian dollar weakened to
a six-day low against its U.S. counterpart on Thursday as oil
prices fell and investors grew skeptical about a potential
thawing of trade tensions between the United ...
* ECB announces fresh stimulus measures. * Euro STOXX 600 closes at highest July 29. * MSCI's world equity index touches highest since July 31. * Trade headlines whipsaw markets. By Chuck Mikolajczak.
The euro gained against the
dollar on Thursday after the European Central Bank launched new
stimulus but failed to live up to some dovish market
expectations.
* ECB announces fresh stimulus measures. * Euro STOXX 600 closes at highest July 29. * MSCI's world equity index touches highest since July 31. * Trade headlines whipsaw markets. By Chuck Mikolajczak.
* Labour's McDonnell endorses financial tax plan. * Tax could include forex, interest rates. * Industry decries proposal ahead of Brexit. By Kylie MacLellan and Kate Holton.
* Earlier this week the pound rose to a six-week high. * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Olga Cotaga.
* ECB announces fresh stimulus measures. * Euro STOXX 600 hits highest level since July 25. * MSCI's world equity index touches highest since July 31. * Trade headlines whipsaw markets. By Chuck Mikolajczak.
A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc (CRNZF) in a $3.5 billion currency trade.
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