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The dollar eased from last week's peaks on Monday as encouraging trial results for a COVID-19 pill supported risk appetite, but investors remained cautious ahead of central bank meetings in Australia and New Zealand as well as U.S. labour data this week. The euro crept back above $1.16, and was up 0.1% at $1.1606, a recovery from last week's 14-month low of $1.1563. The yen has also bounced from a 19-month low and was similarly up 0.1% in Asia trade at 110.92 per dollar. Sterling, the Australian dollar and the New Zealand dollar all edged higher in early trade, extending late-week gains. "Whether it follows through or not, I don't know," said Westpac analyst Imre Speizer on the phone from Christchurch. "I'd say there could still be more downside and that would prop up the U.S. dollar and Aussie and kiwi would fall a little bit further," he said, with sentiment in the driver's set. In the week ahead, the Reserve Bank of Australia meets on Tuesday and is expected to keep policy steady. Across the Tasman, a 25 basis point hike from the Reserve Bank of New Zealand on Wednesday is priced in. And on Friday, U.S. labour data is expected to show continued improvement in the job market, with a forecast for 460,000 jobs to have been added in September - enough to keep the Federal Reserve on course to begin tapering before year's end. Sterling rose 0.25% to $1.3568, a third consecutive session in the green after a sharp drawdown last week when traders shrugged off hawkish central bank rhetoric to focus on a sour outlook and the risk of both higher rates and inflation. "Investors are judging the UK by its whole suite of fundamentals factors and movements in sterling suggest that many are not liking what they are seeing," said Rabobank strategist Jane Foley, as the currency erases early 2021 gains. "The UK no longer has an advantage on the vaccine front...and, while PM (Boris) Johnson likes to view Brexit as 'done', many businesses and commentators are only just starting to evaluate its impact." The Australian dollar was up 0.1% to $0.7273 and kiwi was marginally firmer at $0.6952. Economists polled by Reuters expect the cash rate on hold in Australia until at least 2024, as the RBA has been insisting it will be. Swaps markets show a 97% probability of a rate hike in New Zealand on Wednesday and a 96% chance of another one in November. Traders likewise think that it will take a lot to derail the Fed from its tapering track, but steadying Treasury yields along the curve points to some risk to the timing. "The question is whether there is a number that alters the Fed's view on tapering its bond purchases in November, and what a really weak or hot number means amid the backdrop of rising stagflation fears," said Pepperstone's head of research, Chris Weston. "If U.S. treasuries find further buyers this week into Friday's U.S. non-farm payrolls, the dollar may go on sale this week." ======================================================== Currency bid prices at 0043 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.1606 $1.1594 +0.11% -5.00% +1.1614 +1.1590 Dollar/Yen 110.9000 111.0300 -0.09% +7.40% +111.0150 +110.9300 Euro/Yen <EURJPY=EB 128.71 128.75 -0.03% +1.41% +128.8600 +128.6800 S> Dollar/Swiss 0.9296 0.9307 -0.15% +5.04% +0.9301 +0.9293 Sterling/Dollar 1.3566 1.3543 +0.20% -0.67% +1.3577 +1.3543 Dollar/Canadian 1.2637 1.2643 -0.06% -0.77% +1.2643 +1.2614 Aussie/Dollar 0.7270 0.7268 +0.03% -5.49% +0.7283 +0.7250 NZ 0.6934 0.6943 -0.09% -3.41% +0.6952 +0.6935 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ (Reporting by Tom Westbrook. Editing by Shri Navaratnam)

President Tayyip Erdogan said on Sunday Turkey had ordered agricultural cooperatives to open about 1,000 new markets across the country to provide "suitable" prices for consumer goods in the face of nearly 20% annual inflation.

Bitcoin rose on Friday to its highest level since around mid-September, bolstered in part by seasonal factors as well as supportive comments overall from U.S. Federal Reserve Chairman Jerome Powell on Thursday.

Global shares bounced in volatile trading on Friday with debate over the timing of future interest rate rises on both sides of the Atlantic intensified by euro zone inflation jumping to a 13-year high.

The dollar fell for a second straight session on Friday, tracking declines in U.S. Treasury yields, as investors booked profits after recent sharp gains, though the decline was viewed as temporary. U.S. 10-year Treasury yields were last at 1.484%, down nearly six basis points. For the week, the dollar index posted its largest percentage gain since late August, as investors looked to the Federal Reserve's reduction of asset purchases in November and a possible rate hike late next year. Cautious market sentiment due to COVID-19 concerns, wobbles in China's growth and a Washington gridlock ahead of a looming deadline to lift the U.S. government's borrowing limit has lent support to the dollar, seen as a safe-haven asset. "The more hawkish stance appears to have been the key factor driving the dollar higher in late September," said Marc Chandler, chief market strategist, at Bannockburn Global Forex. "However, more immediately, fiscal policy is the focus, though investors appear to be looking through it, as many find it inconceivable that the U.S. would default on its debt," he added. In afternoon trading, the dollar index slid 0.3% to 94.046, having gained 0.8% this week, the largest weekly rise since late August. Friday's batch of U.S. data was mixed, adding to dollar weakness ahead of the weekend. U.S. consumer spending increased more than expected in August, posting a 0.8% rise, but consumption was weaker than initially thought in July, dipping 0.1% instead of gaining 0.3%. Inflation remained elevated, but not by much. Core inflation as measured by the personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, was up 0.3% in August, unchanged from previous month. In manufacturing, data was more upbeat. The Institute for Supply Management (ISM) said its index of national factory activity increased to a reading of 61.1 last month from 59.9 in August. In other currencies, the euro rose 0.1% to $1.1595, falling about 1.1% for the week, its biggest percentage fall since mid-June. The yen bounced back against the dollar from a 19-month low overnight, with the greenback last down 0.2% at 111.105 yen. Commodity currencies rallied against the U.S. dollar on Friday as well. The Australian dollar gained 0.6% to US$0.7270 and slumped 3.6% in the third quarter - the worst performance of any G10 currency against the dollar - as prices for Australia's top export, iron ore, fell sharply. Sterling was also an underperformer last quarter, dropping 2.5%, and posting its worst week in more than a month, amid growing supply chain problems. Sterling was last up 0.6% though at $1.3552, just above a 9-month low at $1.3516. In cryptocurrencies, bitcoin rallied to a nearly two-week high of just under $48,000. It was last up 9.4% at $47,902. Analysts cited seasonal factors, with the fourth quarter typically viewed as a bullish period for digital assets. Smaller coins ether and XRP, which tend to move in tandem with bitcoin, were up nearly 10% at $3,294 and 8.2% at $1.0299, respectively. ======================================================== Currency bid prices at 3:17PM (1917 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 94.0370 94.3120 -0.29% 4.508% +94.3950 +93.9850 Euro/Dollar $1.1596 $1.1578 +0.16% -5.09% +$1.1607 +$1.1564 Dollar/Yen 111.0950 111.2800 -0.16% +7.53% +111.4850 +110.9050 Euro/Yen 128.82 128.82 +0.00% +1.50% +129.0400 +128.5600 Dollar/Swiss 0.9305 0.9317 -0.11% +5.19% +0.9337 +0.9283 Sterling/Dollar $1.3555 $1.3477 +0.59% -0.78% +$1.3575 +$1.3434 Dollar/Canadian 1.2633 1.2685 -0.41% -0.79% +1.2738 +1.2628 Aussie/Dollar $0.7271 $0.7227 +0.62% -5.48% +$0.7276 +$0.7193 Euro/Swiss 1.0791 1.0784 +0.06% -0.15% +1.0808 +1.0773 Euro/Sterling 0.8554 0.8593 -0.45% -4.29% +0.8623 +0.8545 NZ $0.6946 $0.6897 +0.72% -3.26% +$0.6951 +$0.6879 Dollar/Dollar Dollar/Norway 8.6125 8.7400 -1.41% +0.35% +8.7820 +8.6160 Euro/Norway 9.9891 10.1205 -1.30% -4.57% +10.1728 +9.9867 Dollar/Sweden 8.7412 8.7585 -0.08% +6.66% +8.7878 +8.7392 Euro/Sweden 10.1379 10.1460 -0.08% +0.61% +10.1755 +10.1374 (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Ritvik Carvalho in London; Editing by Nick Macfie, Chizu Nomiyama and David Evans)

Global shares bounced in volatile trading Friday with debate over the timing of future interest rate rises on both sides of the Atlantic intensified by euro zone inflation jumping to a 13-year high.

The dollar fell for a second straight session on Friday, tracking declines in U.S. Treasury yields, as investors pared back their positions after recent sharp gains, though the decline was viewed as temporary. U.S. 10-year Treasury yields were last at 1.484%, down four basis points. For the week, the dollar index was on track for its largest percentage gain since late August, as investors looked to the Federal Reserve's reduction of asset purchases in November and a possible rate hike late next year. "The Fed in no uncertain terms has turned hawkish at the September meeting. They have also raised the inflation forecast, which is actually above consensus expectations, which tells you that they are probably more nervous about inflation than they let on," said Mazen Issa, senior FX strategist, at TD Securities in New York. "We expect Treasury yields to rise further and within that we expect real yields to do the heavy lifting and that's notable for the dollar. It will certainly be a U.S.-led real rates back-up, which should be dollar-positive." Cautious market sentiment due to COVID-19 concerns, wobbles in China's growth and a Washington gridlock ahead of a looming deadline to lift the U.S. government's borrowing limit has lent support to the dollar, seen as a safe-haven asset. In mid-morning trading, the dollar index slipped 0.3% to 94.047, having gained 0.8% this week, the largest weekly rise since late August. Friday's batch of U.S. data was mixed, adding to weakness in the dollar ahead of the weekend. U.S. consumer spending increased more than expected in August, posting a 0.8% rise, but consumption was weaker than initially thought in July, dipping 0.1% instead of gaining 0.3%. Inflation remained elevated, but not by much. Core inflation as measured by the personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, was up 0.3% in August, unchanged from previous month. In manufacturing, data was more upbeat. The Institute for Supply Management (ISM) said its index of national factory activity increased to a reading of 61.1 last month from 59.9 in August. In other currencies, the euro was flat at $1.1587, falling about 1.1% for the week, on pace for its biggest percentage fall since June. The yen bounced back against the dollar from a 19-month low overnight, with the greenback last down 0.3% at 110.98 yen. Commodity currencies rallied against the dollar on Friday. The Australian dollar gained 0.5% to US$0.7266 and slumped 3.6% in the third quarter - the worst performance of any G10 currency against the dollar - as prices for Australia's top export, iron ore, fell sharply. Sterling was also an underperformer last quarter, dropping 2.5%, and looks set to log its worst week in more than a month, amid growing supply chain problems. Sterling was last up 0.6% at $1.3560, just above a 9-month low at $1.3516. ======================================================== Currency bid prices at 11:14AM (1514 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 94.0670 94.3120 -0.24% 4.541% +94.3950 +93.9850 Euro/Dollar $1.1595 $1.1578 +0.15% -5.09% +$1.1607 +$1.1564 Dollar/Yen 111.0800 111.2800 -0.18% +7.51% +111.4850 +110.9050 Euro/Yen 128.76 128.82 -0.05% +1.45% +129.0400 +128.5600 Dollar/Swiss 0.9302 0.9317 -0.16% +5.14% +0.9337 +0.9283 Sterling/Dollar $1.3549 $1.3477 +0.54% -0.83% +$1.3570 +$1.3434 Dollar/Canadian 1.2665 1.2685 -0.11% -0.49% +1.2738 +1.2645 Aussie/Dollar $0.7260 $0.7227 +0.46% -5.62% +$0.7274 +$0.7193 Euro/Swiss 1.0784 1.0784 +0.00% -0.21% +1.0808 +1.0773 Euro/Sterling 0.8557 0.8593 -0.42% -4.25% +0.8623 +0.8547 NZ $0.6933 $0.6897 +0.48% -3.50% +$0.6944 +$0.6879 Dollar/Dollar Dollar/Norway 8.6285 8.7400 -1.24% +0.52% +8.7820 +8.6285 Euro/Norway 10.0062 10.1205 -1.13% -4.40% +10.1728 +10.0077 Dollar/Sweden 8.7635 8.7585 +0.14% +6.92% +8.7878 +8.7392 Euro/Sweden 10.1603 10.1460 +0.14% +0.85% +10.1755 +10.1403 ======================================================== Currency bid prices at 11:14AM (1514 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 94.0670 94.3120 -0.24% 4.541% +94.3950 +93.9850 Euro/Dollar $1.1595 $1.1578 +0.15% -5.09% +$1.1607 +$1.1564 Dollar/Yen 111.0800 111.2800 -0.18% +7.51% +111.4850 +110.9050 Euro/Yen 128.76 128.82 -0.05% +1.45% +129.0400 +128.5600 Dollar/Swiss 0.9302 0.9317 -0.16% +5.14% +0.9337 +0.9283 Sterling/Dollar $1.3549 $1.3477 +0.54% -0.83% +$1.3570 +$1.3434 Dollar/Canadian 1.2665 1.2685 -0.11% -0.49% +1.2738 +1.2645 Aussie/Dollar $0.7260 $0.7227 +0.46% -5.62% +$0.7274 +$0.7193 Euro/Swiss 1.0784 1.0784 +0.00% -0.21% +1.0808 +1.0773 Euro/Sterling 0.8557 0.8593 -0.42% -4.25% +0.8623 +0.8547 NZ $0.6933 $0.6897 +0.48% -3.50% +$0.6944 +$0.6879 Dollar/Dollar Dollar/Norway 8.6285 8.7400 -1.24% +0.52% +8.7820 +8.6285 Euro/Norway 10.0062 10.1205 -1.13% -4.40% +10.1728 +10.0077 Dollar/Sweden 8.7635 8.7585 +0.14% +6.92% +8.7878 +8.7392 Euro/Sweden 10.1603 10.1460 +0.14% +0.85% +10.1755 +10.1403 (Reporting by Gertrude Chavez-Dreyfuss in New York and Ritvik Carvalho in London; Additional reporting by Tom Westbrook in Singapore and Anushka Trivedi in Bengaluru; Editing by Nick Macfie, Chizu Nomiyama and David Evans)

The Afghan central bank ran down most of its U.S. dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.

Global money managers have pumped a combined $13.3 billion into Chinese equities funds over the past five weeks, data shows, despite the concerns over property giant China Evergrande's future and rising regulatory pressure from Beijing.

Global shares remained under pressure on Friday with debate over the timing of future interest rate rises on both sides of the Atlantic intensified by euro zone inflation jumping to a 13-year high.