Sterling Treads Water as Dollar Braces for US Jobs

LONDON, Sept 5Reuters The pound held steady on Thursday, heading for a modest weekly gain versus the dollar, ahead of U.S. employment data that could set the tone for currency markets for the weeks and months ahead. The euro , which hit a onemonth low against the pound last week, headed for its firstly weekly […]
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Yen firms as Wall Street selloff unsettles investors

Dollar slips ahead of U.S. payrolls data Safehaven yen and Swiss franc rise Cryptocurrencies under pressure Sept 4 Reuters The Japanese yen firmed against the dollar on Wednesday as investors scurried to safer assets after a sharp selloff on Wall Street in the prior session sparked by concerns about the U.S. economy and tech sector […]
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Sterling Steady after Upbeat UK Services Sector Data

Sept 4 Reuters Sterling held steady on Wednesday after a survey showed Britain39;s services activity grew last month at the fastest pace since April, adding to signs of momentum in the economy. The pound was flat at 1.3115, hovering near a twoweek low touched in the prior session. The currency has eased somewhat after a […]
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LME Seeks to Boost Electronic Trading, Guard Physical Deals

LONDON, Sept 4 Reuters The London Metal Exchange unveiled a set of proposed measures on Wednesday designed to boost electronic trading while also protecting its complex structure used for deals in physical metal. The measures attempt to navigate a recurring tension between traditional physical users on the LME39;s openoutcry trading floor and the financial community […]
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European Shares Slump on RiskOff Mood after US Selloff

Euro zone August business activity gains from Olympics lift Commerzbank slips as German government aims to reduce stake UK insurer Direct Line falls after profit miss STOXX 600 off 1 Sept 4 Reuters European stocks hit a twoweek low on Wednesday, as global markets were rattled by concerns of an imminent slowdown in the United […]
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