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(RTTNews) - The Singapore dollar that closed Thursday's New York deals at 2.3826 against the British pound edged higher to 2.3736 during Friday's early Asian deals. On the upside, 2.308 is seen as the next target level for the Singapore currency. The pair is presently trading at 2.3803.
July 7 (Bloomberg) -- The yen has become the favored safe haven currency on speculation reserve diversification and central bank selling may weaken the dollar and the Swiss franc, Bank of Tokyo-Mitsubishi UFJ Ltd. said.
July 10 (Bloomberg) -- Chile’s peso slid to the lowest in three weeks a day after the central bank cut its benchmark lending rate to a record low and said it would keep it there for six months in a bid to bolster the economy.
(RTTNews) - The British pound staged a sharp fall against the US dollar, the European currency, the Swiss franc and the Japanese yen at 2:10 am ET Monday. Currently, the pound is trading at 1.6250 against the dollar, 0.8598 versus the euro, 1.7680 against the franc and 154.86 versus the yen.
(RTTNews) - Following the release of the Swiss unemployment report for June, the franc showed mixed trading against other major currencies. While the franc gained against the euro and the pound, it slipped versus the yen and the dollar.
July 10 (Bloomberg) -- The Swiss central bank will continue to buy foreign currencies if needed to weaken the franc and prevent deflation, President Jean-Pierre Roth told Handelsblatt.
July 9 (Bloomberg) -- Ukraine’s central bank is moving to tighten its control over currency exchange and trading, Kommersant-Ukraine reported. The Natsionalnyi Bank Ukrainy will ban currency exchange for banks with regulatory capital of less than 10 million euros ($13.9 million), the newspaper cited Vasyl Pasichnyk , head of the bank’s supervision department, as saying.
(RTTNews) - Extending previous session's downtrend, the British currency plunged further against major currencies during New York mid-day trading on Tuesday. The pound dropped to new multi-week lows against the British pound and the euro in the same period.
The Japanese yen rallied sharply against the euro and the dollar on Wednesday as fresh worries about the economy spurred demand for the safe-haven Japanese unit, dealers said.
July 10 (Bloomberg) -- Serbia’s central bank cut its benchmark interest rate to the lowest in more than a year after the inflation rate dropped to its target range.
July 6 (Bloomberg) -- The yen advanced against the euro and the dollar on speculation banking losses and falling corporate earnings will add to evidence the economic recovery is faltering, fanning demand for Japan’s currency as a refuge.
(RTTNews) - The euro extended its previous session's downtrend against the currencies of the UK, Switzerland and Japan on Monday morning in New York. Against the US dollar, the common currency lacked a clear direction after sliding to a 13-day low in early trading.
- US Dollar, Japanese Yen Mixed on Low-Volume Trading - Swiss Franc Remains Range-Bound vs. Euro as Swiss CPI Signals Deflation - Australian Dollar, Canadian Dollar Retrace Some of Thursday’s Losses - Commodity Dollars Face High Event Risk Next Week
The U.S. dollar gave up earlier gains versus major counterparts Tuesday as indications about investor's willingness to take on riskier assets turned murkier, and a lack of U.S. economic data gave currency traders little to go on.
The dollar was lower against most major counterparts in Asian trading Thursday, but managed to reclaim some of the ground it lost against the yen in the previous session.
July 10 (Bloomberg) -- The dollar may extend its decline to a five-month low against the yen should the currency close below so-called support at 92.40, RBC Capital Markets said, citing trading patterns.
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