Sterling Eases after Scorching August Rally

LONDON, Sept 3 Reuters The pound eased on Tuesday, edging lower against both the dollar and the euro, as investors booked some profit on sterling39;s largest monthly rally in 10 months ahead of a key read of the U.S. jobs market later this week. Data on Tuesday showed summery weather in August helped boost UK […]
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Rupees Decline Capped by Central Banks Recent Behaviour

MUMBAI, Sept 3 Reuters The Indian rupee declined on Tuesday, tracking weak Asian peers, but the central bank39;s repeated intervention at current levels in the recent past meant that the losses were fairly limited. The rupee was at 83.9475 to the U.S. dollar at 1102 a.m. IST, down from 83.9175 in the previous session. Asian […]
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South African Rand Weakens ahead of Q2 GDP Data

JOHANNESBURG, Sept 3 Reuters The South African rand was weaker in early trade on Tuesday, ahead of the release of second quarter gross domestic product GDP data. At 0659 GMT, the rand traded at 17.8875 against the dollar , about 0.4 softer than its previous close. Statistics South Africa is set to release the country39;s […]
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Dollar Nudges at TwoWeek Highs; Yen Back in Focus

LONDONSINGAPORE, Sept 3 Reuters The dollar hovered close to a twoweek high on Tuesday as investors geared up for a slew of economic data, including Friday39;s U.S. payrolls, that could influence the size of an expected interest rate cut from the Federal Reserve. The yen , meanwhile, broke a fourday losing streak against the dollar after media […]
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European Shares Waver in LeadUp to Crucial US Data

Rolls Royce shares recover after Cathay Pacific inspection UK39;s Ashtead gains on Q1 rental revenue growth STOXX 600 flat Sept 3 Reuters Europe stocks struggled for direction on Tuesday as investors remained cautious ahead of a raft of economic data in the runup to the allimportant U.S. jobs report on Friday, while German stocks hit […]
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