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Election concerns in France give euro worst week in two months

FOREX-Election concerns in France give euro worst week in two months Updated at 1500 EDT By Karen Brettell June 14 (Reuters) - The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns that a new government will worsen France's fiscal situation as a snap parliamentary election approaches. The yen hit a six-week low against the dollar, before rebounding, after the Bank of Japan (BOJ) surprised markets with a dovish monetary policy update.
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USD/JPY chops, EUR/JPY precarious on French election jitters

BUZZ-COMMENT-USD/JPY chops, EUR/JPY precarious on French election jitters June 14 (Reuters) - An overall choppy session for USD/JPY to close out the week where the Bank of Japan’s decision to leave policy unchanged disappointed the outside chance that they may have cut bond purchases at this meeting. Though the pair rallied above 158, the move was short-lived with French election jitters driving the action, prompting a flight to safety as demand for FX havens picked up.
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Election concerns in France give euro worst week in two months

FOREX-Election concerns in France give euro worst week in two months Euro drops amid French political uncertainty Euro's decline helps drives dollar index to highest since early May Updated at 1100 EDT By Karen Brettell June 14 (Reuters) - The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns that a new government will worsen France's fiscal situation as a snap parliamentary election approaches.
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Election concerns in France give euro worst week in two months 

FOREX-Election concerns in France give euro worst week in two months  Updated at 1000 EDT Euro drops amid French political uncertainty Euro's decline drives dollar index to highest since early May By Karen Brettell June 14 (Reuters) - The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns that a new government will worsen French fiscal situation as a snap parliamentary election approaches.
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Euro pinned lower by France turmoil, yen recovers after BOJ update

FOREX-Euro pinned lower by France turmoil, yen recovers after BOJ update Recasts on the euro, updates prices By Iain Withers LONDON, June 14 (Reuters) - The euro was on track for its biggest weekly fall in two months versus the dollar on Friday due to French political turmoil , while the yen clawed back ground after the Bank of Japan (BOJ) surprised markets with a dovish monetary policy update.
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French election menu: euro set for indigestion

BUZZ-COMMENT-French election menu: euro set for indigestion June 14 (Reuters) - - The euro is facing an unpalatable choice from the French election, namely that the far-right National Rally (RN) and the left-wing "Popular Front" will be the largest groups in the National Assembly. Should this comes to pass, it will mean President Emmanuel Macron's centrist alliance, which currently has the most seats, will be only the third largest group.
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Dollar, euro set for bigger gains versus yen after BOJ

BUZZ-COMMENT-Dollar, euro set for bigger gains versus yen after BOJ June 14 (Reuters) - The U.S. dollar and euro look set for much bigger gains against the Japanese yen in the days and weeks ahead, after dovish moves by the Bank of Japan. The yen fell to an over one-month low on Friday after the BOJ stood pat on rates. Defying market expectations, it said at the conclusion of its two-day policy meeting it would continue to buy government bonds at the current pace and would only lay out details o
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Yen weakens on BOJ surprise, euro set for worst week in two months

FOREX-Yen weakens on BOJ surprise, euro set for worst week in two months By Iain Withers and Rae Wee LONDON/SINGAPORE, June 14 (Reuters) - The yen fell to an over one-month low on Friday after the Bank of Japan (BOJ) stood pat on interest rates and said it would trim bond buying, while the euro, mired in a political turmoil, was headed for its biggest weekly fall in two months.
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Yen falls after BOJ decision; euro stutters towards weekly loss

FOREX-Yen falls after BOJ decision; euro stutters towards weekly loss Updates prices at 0325 GMT By Rae Wee SINGAPORE, June 14 (Reuters) - The yen fell broadly on Friday after the Bank of Japan (BOJ) stood pat on rates and said it would trim bond buying in the future, while elsewhere the euro, mired in political turmoil , was headed for a weekly loss.
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Dollar gains on hawkish Fed, even as inflation cools

FOREX-Dollar gains on hawkish Fed, even as inflation cools Updated at 1500 EDT By Karen Brettell NEW YORK, June 13 (Reuters) - The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of its meeting on Wednesday. Data on Thursday showed that U.S. producer prices unexpectedly fell in May, with the headline producer price index (PPI) dropping 0.2% last month after advancing by an unrevised 0.5% in
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Dollar gains on hawkish Fed, even as inflation cools

FOREX-Dollar gains on hawkish Fed, even as inflation cools Updated at 1000 EDT/1400 GMT By Karen Brettell NEW YORK, June 13 (Reuters) - The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of its meeting on Wednesday. Data on Thursday showed that U.S.
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FX options wrap - Risks glare amid the FX status-quo

BUZZ-FX options wrap - Risks glare amid the FX status-quo June 13 (Reuters) - FX was left mostly range-bound after Wednesday's bouts of post-U.S. CPI and Fed- driven volatility, weighing back on implied volatility as a consequence of a return to the prior FX status quo . However, there are some impending events where the FX volatility risk premium is still elevated as demonstrated by particular option expiry dates and their implied volatilities.
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Two key factors set to drive USD/JPY above 160

BUZZ-COMMENT-Two key factors set to drive USD/JPY above 160 June 13 (Reuters) - USD/JPY will likely retest April's multi-year 160.24 peak in the days and weeks ahead, as fundamental and technical factors point to much bigger gains. Softer-than-expected U.S. inflation hurt the dollar on Wednesday, though it found some support as U.S. policymakers signalled rates would be kept high for a while yet.
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Here's the BoJ risk to according to FX options

BUZZ-COMMENT-Here's the BoJ risk to JPY - according to FX options June 13 (Reuters) - The FX volatility upon which FX options thrive is gauged with implied volatility when setting the premium, making implied volatility a risk bellwether for impending events. Overnight/next day expiry is the shortest duration option and any changes to its implied volatility and subsequent premiums therefore offer a insight to the perceived FX volatility risk attached to major events covered by its expiry, such as
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Dollar pares losses as Fed officials project only one rate cut this year

FOREX-Dollar pares losses as Fed officials project only one rate cut this year Updated at 1525 EDT By Karen Brettell NEW YORK, June 12 (Reuters) - The dollar dropped on Wednesday after data showed that consumer prices in May rose less than economists expected, b ut pared losses after updated interest rate projections by Federal Reserve officials showed an expectation for only one rate cut this year.
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Dollar pares losses as Fed officials project one rate cut this year

FOREX-Dollar pares losses as Fed officials project one rate cut this year NEW YORK, June 12 (Reuters) - The U.S. dollar pared losses slightly on Wednesday after the latest interest rate projections by Federal Reserve policymakers showed that they expect only one interest rate cut this year. That compares with a forecast in March of three cuts. Traders had expected Fed officials would reduce their expectations to two rate cuts this year.
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FX options wrap - Weak USD volatility pressure tamed by euro risk

BUZZ-FX options wrap - Weak USD volatility pressure tamed by euro risk Below-forecast U.S. CPI data reignited U.S. rate cut bets and weakened the USD as it allows the Fed more room to lean dovish on Wednesday. Overnight expiry implied volatility has been slow to ease from higher levels and highlights the potential for more FX volatility around the time of the Fed announcement at 1800 GMT.
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Dollar drops on softer than expected May inflation

FOREX-Dollar drops on softer than expected May inflation Updated at 925 EDT By Karen Brettell NEW YORK, June 12 (Reuters) - The dollar tumbled on Wednesday after data showed that consumer prices in May rose less than economists expected, adding to bets that the Federal Reserve may begin cutting interest rates as soon as September. Headline inflation was flat on the month, below expectations for a 0.1% gain.
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Dollar drops on softer than expected May inflation

FOREX-Dollar drops on softer than expected May inflation NEW YORK, June 12 (Reuters) - The dollar tumbled on Wednesday after data showed that consumer prices in May rose less than economists expected, adding to bets that the Federal Reserve may begin cutting rates as soon as September. Headline inflation was flat on the month, below expectations for a 0.1% gain.
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Dollar retreats as market braces for US inflation, Fed test

FOREX-Dollar retreats as market braces for US inflation, Fed test Updates at 1124 GMT By Samuel Indyk and Brigid Riley LONDON, June 12 (Reuters) - The dollar retreated on Wednesday from a four-week high reached the day before as markets awaited key U.S. inflation data, plus the Federal Reserve's policy decision and updated economic projections later in the day.
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