Swiss franc falls on reports of central bank move
AP - Thu Nov 26, 7:58 am ETThe Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency.
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The Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency.
(RTTNews) - The British pound extended morning session's downtrend against the euro and the Swiss franc in New York afternoon trading on Thursday.
Nov. 27 (Bloomberg) -- Crude oil tumbled to a six-week low as Dubai’s attempt to reschedule its debt prompted investors to sell commodities. Oil dipped below $73 in New York as the dollar jumped, dulling the appeal of crude as a currency hedge, and equities fell.
Nov. 24 (Bloomberg) -- The yen and dollar rose as a decline in Asian shares and dimming expectations about the U.S. economic recovery increased demand for safe-haven currencies.
Nov. 26 (Bloomberg) -- The dollar may rally against the yen should it drop to a so-called support level at 86.0, Commerzbank AG said, citing technical indicators.
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(RTTNews) - During early Asian trading on Tuesday, the dollar and the yen spiked higher against its major opponents as risk averse investors sold off high-yielding currencies.
Nov. 25 (Bloomberg) -- The dollar fell against higher- yielding currencies and slipped to a two-week low against the euro as renewed signs the global economy is recovering encouraged investors to buy riskier assets.
The dollar edged higher against the euro and some other major rivals Tuesday as a string of U.S. economic reports showed lingering stresses on the consumer and financial sectors as well as some improvement in the outlook.
The Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency.
Nov. 26 (Bloomberg) -- The Swiss franc fell against the euro and the dollar on speculation the nation’s central bank sold the currency after it climbed to parity with the greenback yesterday for the first time in 19 months.
Nov. 26 (Bloomberg) -- Gold climbed to a record for the third time this week as investors bought the metal to protect their wealth from the declining dollar and Sri Lanka’s central bank purchased bullion.
Nov. 25 (Bloomberg) -- Canada’s dollar strengthened to the highest level in a week after Russia’s central bank said it will add the currency to its reserves and as copper rose and gold headed for the longest string of gains in almost three decades.
Nov. 26 (Bloomberg) -- The Swiss franc weakened as much as 0.3 percent against the euro, after strengthening to the highest level in five months, on speculation the nation’s central bank sold the currency.
Nov. 25 (Bloomberg) -- Canada’s dollar appreciated to the highest in a week after Russia’s central bank said it will add the currency to its reserves and as copper rose and gold headed for the longest string of gains in almost three decades.
Nov. 26 (Bloomberg) -- Gold climbed to a record for the third time this week as investors and central banks bought the metal to protect their wealth from the declining dollar.
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