6666 Stories, most recent news story added Fri Nov 20, 3:20 pm 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.
The dollar heads for its first weekly gain in three weeks versus higher-yielding currencies in Australia, New Zealand and the U.K. as a week's worth of official commentary and economic data has dampened expectations of a strong rebound from the U.S. recession.
(RTTNews) - The Australian dollar lost ground against its major rivals in early Asian trading on Thursday as a slide in few Asian stocks prompted traders to flee from riskier assets. The aussie slumped to multi-day lows against the currencies of US, Japan and Europe.
(RTTNews) - Thursday, the dollar and the yen strengthened against their major counterparts as most Asian and European stocks fell, encouraging investors to pare back exposure to risk and buy back the two low-yielders against perceived riskier currencies.
Nov. 19 (Bloomberg) -- The dollar rose against the euro on speculation U.S. investors are bringing back overseas funds toward year-end and traders cut bets the greenback will weaken.
Nov. 17 (Bloomberg) -- The dollar and yen advanced versus the euro as a report showed U.S. industrial production rose last month less than economists forecast, discouraging demand for higher-yielding assets.
Nov. 19 (Bloomberg) -- The yen and the dollar rose as investors sold high-yielding currencies on concern the rally has outpaced the prospects for economic growth. Stocks fell from Tokyo to London and commodities declined.
(RTTNews) - Following the US Federal Reserve's October industrial production report at 9:15 AM ET, the greenback edged slightly higher against most of its major counterparts. Currently, the dollar is trading at 89.28 against the yen, 1.6794 versus the pound, 1.0163 per franc and 1.4875 per euro.
Nov. 19 (Bloomberg) -- Chile’s peso fell the most in almost seven months after Central Bank President Jose De Gregorio said the bank doesn’t rule out intervening in the currency market.
Gold pulls back from record highs above $1,150 an ounce, as souring sentiment over U.S. economic prospects lift the U.S. dollar, reducing gold's appeal as a hedge against a weaker currency.
(RTTNews) - The Singapore dollar bounced back against the euro after sliding to a 3-day low of 2.0741 during Friday's early Asian trading. The Singapore currency is now trading at 2.0704 against the euro, compared to 2.0720 hit late Thursday in New York.
Stocks fell in early morning trading Friday as the dollar continued to strengthen, and after a week of mixed economic reports.
The British Pound spiked to a low of 1.6768 following the Bank of England meeting minutes as policy makers voted 7-1-1 to increase its asset purchase program by GBP 25B to GBP 200B, but has bounced back ahead of the U.S. trade to remain little changed from the previous day.
Swedish Central Bank Discontinues Dollar Loans
Nov. 20 (Bloomberg) -- Colombia’s peso bonds rose, pushing yields to almost a three-year low, on speculation the central bank will lower its key interest rate next week to boost the slumping Andean economy.
Nov. 20 (Bloomberg) -- China is passive on the value of the U.S. dollar as the level doesn’t affect the nation’s economy, central bank Governor Zhou Xiaochuan said, rebuffing criticism that the government is devaluing the yuan.
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Open slideshowReuters
Open slideshowAFP/File
