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FOREX-Dollar ends losing week lower on election and COVID aid concerns

The dollar weakened slightly against a basket of major currencies on Friday amid uncertainty over a new round of stimulus ahead of the upcoming U.S. elections, with the greenback set to record a weekly decline of around 1%. U.S. House of Representatives Speaker Nancy Pelosi said another round of COVID-19 aid was still was possible before the Nov. 3 elections, but that President Donald Trump would have to get reluctant Republicans on board

FOREX-Dollar headed for weekly loss amid election, stimulus uncertainty

The dollar eased against a basket of major currencies on Friday following the final U.S. presidential debate, with fading prospects for a coronavirus relief package before the Nov. 3 elections pulling the greenback toward a weekly decline. Republican President Donald Trump and Democratic challenger Joe Biden squared off on Friday in a less raucous debate than their previous meeting, but tensions were still high, with a focus on the handl

Russian c.bank to increase daily FX sales from Oct. 26

Russia's central bank will increase its foreign currency sales by the equivalent of 4 billion roubles ($52.30 million) a day starting from Monday, the bank said on Friday, on top of its regular FX operations according to the fiscal rule.

GLOBAL MARKETS-Earnings lift shares, gains pared by U.S. election caution

European shares rallied on Friday, buoyed by positive earnings, but gains were limited by investor caution less than two weeks before the U.S. presidential election and with conflicting signs of progress in stimulus talks in Washington. The final debate between U.S. President Donald Trump and his Democratic challenger Joe Biden on Thursday offered few surprises and little new direction. European stocks were up 1%, heading for their best day in five trading sessions, bu

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