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Dollar advances after data as eyes turn to jobs report

FOREX-Dollar advances after data as eyes turn to jobs report U.S. business spending plans exceed expectations German business sentiment improves, ECB inflation target on track Japanese yen strengthens ahead of BOJ meeting, election Updated at 2:52 p.m. ET/1852 GMT By Chuck Mikolajczak NEW YORK, Oct 25 (Reuters) - The dollar index rose on Friday, with the greenback set to lock in a fourth straight week of gains after data this week kept interest rate expectations for the Federal Reserve in check
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US recap: EUR/USD slips as dollar tracks yields higher

BUZZ-COMMENT-US recap: EUR/USD slips as dollar tracks yields higher Oct 25 (Reuters) - The dollar rose with Treasury yields on Friday as investors pivoted toward the haven currency ahead of a turbulent two weeks that includes a weekend election in Japan. U.S. Treasury yields reversed an earlier drop amid higher oil prices and after a University of Michigan survey showed US consumer sentiment improving in October.
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Stocks edge up but set for weekly drop on US election nerves; crude oil rises

GLOBAL MARKETS-Stocks edge up but set for weekly drop on US election nerves; crude oil rises S&P 500, Nasdaq advance Crude prices gain 2% Dollar index rises Benchmark 10-year yields edge higher Gold prices flat Updates prices throughout, adds paragraphs 9-14 By Chibuike Oguh NEW YORK, Oct 25 (Reuters) - Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S.
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Dollar edges lower after data as recent rally stalls

FOREX-Dollar edges lower after data as recent rally stalls U.S. business spending plans exceed expectations German business sentiment improves, ECB inflation target on track Japanese yen strengthens ahead of BOJ meeting, election Updated at 10:45 a.m. ET/1445 GMT By Chuck Mikolajczak NEW YORK, Oct 25 (Reuters) - The dollar slipped for a second straight session, as a recent ascent lost steam, but the greenback was still on track for a fourth straight week of gains after data this week kept intere
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USD/JPY options see prices swinging after weekend elections

BUZZ-COMMENT- USD/JPY options see prices swinging after weekend elections Buckle your seatbelts, USD/JPY traders, because the options market is flashing signs of turbulence on Monday following weekend elections in Japan. The currency pair has been orbiting the historically-significant pivot level of 152, with the options market pointing toward substantial risks attached to the election results given recent polling that the LDP may lose power.
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Stocks edge higher but set weekly decline on US election nerves; crude oil rises

GLOBAL MARKETS-Stocks edge higher but set weekly decline on US election nerves; crude oil rises Rewrites with U.S. market open, adds fresh analyst quote By Chibuike Oguh NEW YORK, Oct 25 (Reuters) - Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S. election jitters, while oil prices rose, buoyed by Middle East tensions.
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IMF sees weak yen beneficial for Japan's economy, urges gradual rate hikes

IMF sees weak yen beneficial for Japan's economy, urges gradual rate hikes By Leika Kihara WASHINGTON, Oct 25 (Reuters) - A weak yen is beneficial for Japan's economy as the boost to exports exceeds the increase in cost of imports, the International Monetary Fund's Japan mission chief Nada Choueiri told Reuters on Friday. "Japan is a very outward-oriented economy, and a very open economy," which means on a net basis, the benefit from rising exports from a weak yen exceeds the rising costs in imp
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with global GDP forecast from Citigroup; U.S., global, euro area, India GDP forecasts from UBS Global Research; Goldman Sachs' India GDP forecast and HSBC's S&P 500 year-end forecast Oct 25 (Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept.
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History sets the playbook for US election FX impact

BUZZ-COMMENT-History sets the playbook for US election FX impact Oct 25 (Reuters) - Looking at the past two U.S. elections and the subsequent fallout across the FX space can give us a rough playbook as to how FX will likely trade on either a Donald Trump or Kamala Harris victory. In 2016, Trump’s shock victory led to a wave of dollar buying across the board, most notably against the euro, yen, MXN and AUD – the last, in large part due to being a liquid China proxy to trade.
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Dollar gains for fourth week as investors grow jittery

FOREX-Dollar gains for fourth week as investors grow jittery Yen nears three-month low ahead of Japan election Dollar steady, supported by tempered Fed rate cut expectations Euro and sterling set for weekly losses Updates prices at 1150 GMT By Amanda Cooper LONDON, Oct 25 (Reuters) - The dollar was set for a fourth weekly gain on Friday, as an uncertain backdrop for markets sent the yen near three-month lows ahead of an election in Japan over the weekend that could complicate the Bank of Japan's
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Markets gear up for two wild weeks of elections and rate moves

ANALYSIS-Markets gear up for two wild weeks of elections and rate moves Event-risk packed fortnight looms for markets Bond and currency volatility gauges rising Vanguard portfolio manager has moved more into cash By Harry Robertson and Naomi Rovnick LONDON, Oct 25 (Reuters) - Investors globally are piling into the U.S. dollar and betting on rising volatility ahead of a crucial two weeks in which the United States and Japan elect leaders, three major central banks decide on interest rates and the
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Markets' wild 2024 election ride rolls on as U.S. vote looms

GRAPHIC-Markets' wild 2024 election ride rolls on as U.S. vote looms All eyes on Nov. 5 U.S. election Japan election to test ruling party, may bring uncertainty Georgian vote is seen as choice between West and Russia By Libby George and Naomi Rovnick LONDON, Oct 25 (Reuters) - Japan's election could prompt the next market gyrations in a year in which countries housing half the world's population will have voted.
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Stocks head for weekly loss as US election nerves mount

GLOBAL MARKETS-Stocks head for weekly loss as US election nerves mount Greenback, 10-year Treasury yields retreat from 3-month peaks Surprise drop in U.S. jobless claims keeps run of robust data Hawkish Fed bets to be tested by monthly payrolls data on Nov. 1 Mega-cap earnings due next week from Alphabet, Amazon, Meta Updates with latest prices By Naomi Rovnick and Kevin Buckland LONDON/TOKYO, Oct 25 (Reuters) - Global stocks were set to end the week lower as looming U.S data and Japan's weekend
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Megacap earnings loom, Japan decides, gilts wobble

MORNING BID AMERICAS-Megacap earnings loom, Japan decides, gilts wobble A look at the day ahead in U.S. and global markets from Mike Dolan Tesla's 20%-plus stock surge whets investor appetites for next week's earnings from most of the rest of the "Magnificent 7" of U.S. megacaps - with overseas markets keeping close tabs on weekend elections in Japan and next week's UK budget .
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Dollar set for fourth weekly gain as investors balk at array of risks

FOREX-Dollar set for fourth weekly gain as investors balk at array of risks Yen nears three-month low ahead of Japan election Dollar steady, supported by tempered Fed rate cut expectations Euro and sterling set for weekly losses Updates throughout, refreshes prices at 0835 GMT By Amanda Cooper LONDON, Oct 25 (Reuters) - The dollar headed for a fourth weekly gain on Friday, as an uncertain backdrop for markets sent the yen near three-month lows ahead of an election in Japan over the weekend that
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FX volatility may sink after U.S. election

BUZZ-COMMENT-FX volatility may sink after U.S. election Oct 16 (Reuters) - ``FX volatility may sink after the U.S. election as traders focus on next year, following the return of major currency pairs to the centre of recent ranges which will suppress the will to gamble on the direction of currencies. EUR/USD has returned to the middle of last year's range following the failure to break out on the upside.
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Stocks head for weekly loss as Japan election and earnings risks loom

GLOBAL MARKETS-Stocks head for weekly loss as Japan election and earnings risks loom Greenback, 10-year Treasury yields retreat from 3-month peaks Surprise drop in US jobless claims continues run of robust data Hawkish Fed bets to be tested by monthly payrolls data on Nov. 1 Mega-cap earnings due next week from Alphabet, Amazon, Meta Updates prices By Naomi Rovnick and Kevin Buckland LONDON/TOKYO, Oct 25 (Reuters) - Global stocks were set to end the week lower as looming U.S data and Japan's wee
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Japan futures post steepest weekly fall in seven weeks

RUBBER-Japan futures post steepest weekly fall in seven weeks Updates closing prices with analyst quote and details SINGAPORE, Oct 25 (Reuters) - Japanese rubber futures slid for a third straight session on Friday and posted their biggest weekly loss in seven weeks, as concerns about supply from top producer Thailand eased on prospects of better weather conditions.
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Dollar droops with US yields, stocks mixed amid rates, election risks

GLOBAL MARKETS-Dollar droops with US yields, stocks mixed amid rates, election risks Updates prices at 0525 GMT Greenback, 10-year Treasury yields retreat from 3-month peaks Surprise drop in US jobless claims continues run of robust data Hawkish Fed bets to be tested by monthly payrolls data on Nov. 1 Mega-cap earnings due next week from Alphabet, Amazon, Meta By Kevin Buckland TOKYO, Oct 25 (Reuters) - The dollar was on the defensive on Friday following its biggest drop in a month against major
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Yen vulnerable; dollar eyes fourth straight weekly gain

FOREX-Yen vulnerable; dollar eyes fourth straight weekly gain Updates at 0500 GMT Yen nears three-month low ahead of Japan election Dollar steady, supported by tempered Fed rate cut expectations Euro and sterling set for weekly losses By Rae Wee SINGAPORE, Oct 25 (Reuters) - The yen languished near a three-month trough on Friday and was headed for a fourth straight weekly loss, ahead of an election in Japan over the weekend that is likely to complicate the Bank of Japan's (BOJ) policy normalisat
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