6553 Stories, most recent news story added Fri Nov 20, 10:54 am ET
The Swiss franc retraced the previous day’s decline against the greenback and remains the best performing currency on Wednesday after moving nearly 80% of its ATR, while the British Pound tipped lower against the greenback following the Bank of England meeting minutes.
(RTTNews) - The British pound staged a sharp fall against its European and Swiss counterparts by about 1:15 am ET Friday. Currently, the pound is trading at a 4-day low of 0.8971 against the euro and 1.6862 against the franc, compared to yesterday's closing values 1.6890 of and 0.8957, respectively.
Nov. 19 (Bloomberg) -- The yen and dollar strengthened against the euro as stock markets fell, discouraging demand for higher-yielding assets. Japan’s currency rose against all of its 16 most-traded counterparts tracked by Bloomberg as equities weakened.
Nov. 17 (Bloomberg) -- The dollar and yen advanced versus the euro as International Monetary Fund Managing Director Dominique Strauss-Kahn said the global economic recovery may be sluggish, discouraging demand for higher-yielding assets.
The British Pound advanced against the greenback during the European session, with the exchange rate rising to a high of 1.6875 as the economic docket reinforced an improved outlook for the U.K however, the GBP/USD failed to hold ground as investors scaled back their appetite for risk ahead of the U.S. session.
The U.S. dollar gained ground versus the euro and high-yielding commodity currencies as equity markets weakened around the world, signaling a retreat in appetite for risk among investors.
Nov. 20 (Bloomberg) -- Crude oil was little changed in New York after rising earlier today as investors bought commodities as a hedge against inflation on speculation the dollar will weaken as the global economy recovers.
(RTTNews) - Extending its 3-day losing streak, the Australian currency weakened further against its major rivals in early trading on Friday as risk-averse traders flee from higher-yielding currencies.
Nov. 20 (Bloomberg) -- Crude oil rose in New York as investors bought commodities as a hedge against inflation on expectations the dollar will weaken as the global economy recovers.
The GBP/USD jumped to a high of 1.6873 during the overnight trade as the economic docket for the U.K. reinforced an improved outlook for region, and the British Pound remains the best performing against the greenback on Tuesday as the pair continues to bounce back from the low, while the USD/CAD halted the two-day decline as investors scaled back their appetite for risk.
Nov. 19 (Bloomberg) -- Chile’s Central Bank President Jose De Gregorio said the bank doesn’t rule out intervening in the currency market. De Gregorio made the remarks today at a conference in Santiago, according to a copy of his speech posted on the central bank’s Web site.
(RTTNews) - Following the release of the Swiss October trade balance report at 2:15 am ET Thursday, the franc advanced against the dollar and the euro but declined against other major currencies. As of now, the alpine currency is trading at 1.5115 against the euro and 1.01271 against the dollar.
Nov. 20 (Bloomberg) -- State Street Global Advisors has pared its bullish bets on currencies of commodity exporters, such as the Australian dollar, on expectations central banks may start withdrawing economic stimulus measures in six months.
The dollar gained ground versus the euro Thursday, buoyed by a weaker tone in equity markets that tends to signal risk aversion but trapped in a tight trading range.
PARIS -(Dow Jones)- The euro zone has avoided a protracted period of negative prices throughout the economic slump because the European Central Bank has successfully anchored inflation expectations of companies and consumers, ECB President Jean-Claude Trichet said Thursday.
NEW YORK (AP) -- Key currency exchange rates Monday, compared with late Friday in New York: DollarD vs:Exchange Rate Pvs Day Yen 88.98 89.63 Euro $1.4987 $1.4893 Pound $1.6836 $1.6672 Swiss franc 1.0068 1.0135 Canadian Canadian %mdollarCanadian %ma 1.0467 1.0517 Mexican peso 12.9950 13.0760 Metal Price (troy oz.) Pvs Day NY Merc NY Merc %maGoldNY Merc %mar $1138.60 $1116.10 NY HSBC Bank US $1140 ...
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