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Dollar stays lower after US jobs data; euro up ahead of French election

FOREX-Dollar stays lower after US jobs data; euro up ahead of French election Bitcoin falls on Mt. Gox liquidation fears Sterling up after UK election Eyes on French elections on Sunday Updates to 3:30 p.m. ET By Caroline Valetkevitch NEW YORK, July 5 (Reuters) - The U.S. dollar index stayed slightly lower on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring the view the Federal Reserve could begin cutting interest rates in Septembe
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South African rand extends gains as dollar slips

UPDATE 1-South African rand extends gains as dollar slips Updates prices to reflect afternoon trade JOHANNESBURG, July 5 (Reuters) - South Africa's rand extended its gains against a weaker dollar on Friday, fuelled by expectations that the Federal Reserve will cut interest rates later this year. At 1543 GMT , the rand traded at 18.2250 against the dollar ZAR=D3 , about 0.2% stronger than its previous close.
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Dollar edges down after US jobs data; pound firm after UK election

FOREX-Dollar edges down after US jobs data; pound firm after UK election Updates to 10 a.m. ET By Caroline Valetkevitch NEW YORK, July 5 (Reuters) - The U.S. dollar index fell slightly on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring the view the Federal Reserve could begin cutting interest rates in September.
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Dollar briefly adds to decline vs yen after US jobs data

FOREX-Dollar briefly adds to decline vs yen after US jobs data Updates to 8:45 a.m. By Caroline Valetkevitch NEW YORK, July 5 (Reuters) - The dollar b riefly extended declines against the Japanese yen on Friday after data showed U.S. job growth slowed in June, albeit to a still-healthy pace, and the unemployment rate rose to 4.1%. Against the Japanese yen =EBS>, the dollar w as last down 0.22% at 160.89. The dollar index =USD , which measures the greenback against a basket of currencies includin
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Dollar weak ahead of US jobs data, pound firms after Labour landslide in UK election

FOREX-Dollar weak ahead of US jobs data, pound firms after Labour landslide in UK election Updates prices throughout By Iain Withers LONDON, July 5 (Reuters) - The dollar fell to a three-week low on Friday ahead of U.S. payrolls data that could influence how quickly the Federal Reserve cuts interest rate s, while the pound firmed as the Labour party secured a landslide victory in the UK general election .
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Dollar weak ahead of US jobs data, pound firms after Labour landslide in UK election

FOREX-Dollar weak ahead of US jobs data, pound firms after Labour landslide in UK election By Iain Withers LONDON, July 5 (Reuters) - The dollar was pinned near a three-week low on Friday ahead of payrolls data that could influence how quickly the Federal Reserve cuts rate, while the pound firmed as the Labour party surged to a landslide victory in the UK general election .
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South African rand extends gains as dollar slips

South African rand extends gains as dollar slips JOHANNESBURG, July 5 (Reuters) - South Africa's rand extended its gains against a weaker dollar on Friday, fuelled by expectations that the Federal Reserve will cut interest rates later this year. At 0823 GMT, the rand traded at 18.1975 against the dollar ZAR=D3 , 0.4% stronger than its previous close.
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South African Markets - Factors to watch on July 5

South African Markets - Factors to watch on July 5 JOHANNESBURG, July 5 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Friday. ECONOMIC EVENTS South Africa June reserves data Inflation-linked bond auction SOUTH AFRICAN MARKETS The South African rand extended its gains against the dollar on Thursday after the U.S.
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African Markets - Factors to watch on July 5

African Markets - Factors to watch on July 5 July 5 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: Kenya's President William Ruto and his ministers are due to hold discussions on social media platform X, targeting youth after anti-government protests.
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South African rand extends gains on U.S. rate cut bets

UPDATE 1-South African rand extends gains on U.S. rate cut bets Updates prices, adds analyst comment in paragraph 4 JOHANNESBURG, July 4 (Reuters) - The South African rand extended its gains against the dollar on Thursday after the U.S. currency slipped on rising expectations that U.S. interest rate cuts are on the way. At 1534 GMT, the rand traded at 18.2675 against the dollar ZAR=D3 , more than 0.8% stronger than its previous close.
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South African rand steady against dollar

South African rand steady against dollar JOHANNESBURG, July 4 (Reuters) - South Africa's rand was steady against the dollar on Thursday after the greenback slipped on rising expectations that U.S. interest rate cuts are near. At 0802 GMT, the rand traded at 18.4175 against the dollar ZAR=D3 , near its previous close of 18.4200. The dollar index =USD was last trading down 0.07% against a basket of currencies.
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South Africa's rand, waiting for growth

BUZZ-COMMENT-South Africa's rand, waiting for growth July 4 (Reuters) - Investors have cautiously greeted South Africa's new government and despite volatility following the May 29 election there are signs that the rand could enter a phase of stability or even rally if growth and inflation trends become more favourable. The currency will remain at risk to external factors and uncertainty surrounding the newly formed South African government of national unity (GNU) will impact investor sentiment.
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EMFX unlikely to reverse 2024 losses over the next six months

RPT-POLL-EMFX unlikely to reverse 2024 losses over the next six months Repeats earlier story for wider readership with no change to text reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=CNY= yuan poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=ZAR= rand poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=INR= rupee poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=TRY= lira poll data reuters://
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EMFX unlikely to reverse 2024 losses over the next six months

RPT-POLL-EMFX unlikely to reverse 2024 losses over the next six months Repeats earlier story for wider readership with no change to text reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=CNY= yuan poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=ZAR= rand poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=INR= rupee poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=TRY= lira poll data reuters://
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South African assets gain on U.S. rate cut bets

UPDATE 1-South African assets gain on U.S. rate cut bets Recasts throughout, adds analyst comments in paragraphs 5-6, 9 JOHANNESBURG, July 3 (Reuters) - South African assets gained on Wednesday, lifted by optimism over comments by the Federal Reserve chair that reinforced expectations that U.S. interest rate cuts were not far off. At 1610 GMT, the rand traded at 18.40 against the dollar ZAR=D3 , over 1% stronger than its previous close.
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FX options wrap - FX outlook, French risk, ZAR gains, yuan bets

BUZZ-FX options wrap - FX outlook, French risk, ZAR gains, yuan bets Implied volatility is under pressure in most of the major G10 currency pairs, which is consistent with low realised volatility within familiar FX ranges. The impending U.S. Thanksgiving holiday and better risk appetite/USD losses, are playing their part . Euro-related FX option premiums have almost fully retraced the significant gains that were made in the wake of the French election call in mid-June.
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The FX outlook according to options

BUZZ-COMMENT-The FX outlook according to options July 3 (Reuters) - FX options are forward looking and thrive on FX volatility and directional moves, so their price action and trade flows can offer clues on the perceived FX outlook. Implied volatility gauges the unknown realised volatility risk, which is key to an option premium - it's on the back foot in many of the most commonly traded G10 currency pairs.
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Turkey's stocks rise after inflation data; Polish rate decision due

EMERGING MARKETS-Turkey's stocks rise after inflation data; Polish rate decision due Updated at 0905 GMT Banks lift India stocks to record highs Polish interest rate decision due at 1200 GMT Pakistan met all requirements for IMF deal, official says Stocks up 0.8%, FX flat By Johann M Cherian July 3 (Reuters) - Equities in most emerging markets rose on Wednesday, with benchmark indexes in India and Pakistan trading at record highs, while investors cheered signs of disinflation in Turkey and await
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South African rand gains as Ramaphosa's new government takes shape

South African rand gains as Ramaphosa's new government takes shape JOHANNESBURG, July 3 (Reuters) - The South African rand strengthened on Wednesday ahead of the swearing-in ceremony of ministers in President Cyril Ramaphosa's new unity government. At 0741 GMT, the rand traded at 18.47 against the dollar ZAR=D3 , 0.7% than its previous close. The rand has faced a volatile week after African National Congress's (ANC) Ramaphosa on Sunday announced his new cabinet that includes former opposition le
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Weak state of emerging currencies may spur risk aversion

BUZZ-COMMENT-Weak state of emerging currencies may spur risk aversion July 3 (Reuters) - The weak state of emerging market currencies may spur risk aversion , which boosts demand for the dollar and could drive these less liquid currencies down further and faster. In the past, similar slumps in these currencies have been the result of a crisis, though that is not the case today.
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