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.
7384 Stories, most recent news story added Fri Nov 27, 9:13 am ET
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. 25 (Bloomberg) -- Chile’s peso declined while investors bet the currency will weaken as the central bank decides to hold interest rates at a record low.
Nov. 27 (Bloomberg) -- Japan’s 10-year bonds may gain for a second day on speculation the yen’s rise to a 14-year high versus the dollar will hurt exporters and deepen deflation.
The U.S. dollar edged lower against other major currencies on Wednesday, as European shares posted gains for the fifth time in six sessions. The dollar slipped versus the Japanese currency to trade at 89.14 yen, down from 89.32 yen in late North American trading on Tuesday.
Nov. 24 (Bloomberg) -- The yen and dollar rose as a decline in stocks and dimming expectations about the U.S. economic recovery increased demand for currencies perceived as safer.
Japanese consumer price index excluding volatile food and energy prices slid in the year to October at the fastest rate since 2001 with increasing signs that weak demand is weighing on prices, while a tumbling dollar adds to price pressures.
Nov. 27 (Bloomberg) -- Japanese Finance Minister Hirohisa Fujii said he may contact the U.S. and Europe to act on currencies, signaling his growing concern that the yen’s rise to a 14-year high will hamper the economic recovery.
The Australian dollar surged higher against the greenback as the Reserve Bank of Australia held an improved outlook for the $1T economy, and remains the best performing currency on Wednesday after moving 89% of its ATR, while New Zealand dollar remains the weakest of the major currencies after moving only 69% of its average true range.
Nov. 25 (Bloomberg) -- Corn rose for the first time in seven sessions on speculation that a slumping dollar will increase demand for commodities as an alternative investment and an inflation hedge. Soybeans also gained.
(RTTNews) - The Canadian dollar declined in early trading on Friday as oil prices dropped below $75 a barrel as investors turned away from commodities after debt default fears in Dubai shook global financial markets. The loonie also weakened as the dollar rose on investors' increased risk aversion.
(RTTNews) - Extending its previous session's downtrend, the Canadian dollar showed weakness against the European common currency in early trading on Friday.
(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. 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.
US Dollar Forecast to Remain Range-Bound versus Euro Euro May Finally See a Breakout Against the Dollar This Week Against Japanese Yen Breakout Looms in Thin, Risk-Driven Trade British Pound Outlook Remains Bearish Ahead of UK GDP Revisions Swiss Franc Looks To Break Range As Growth Fears Rise Canadian Dollar Tracking its Commodity Compatriots to its Detriment Australian Dollar Strength May ...
(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.
Karl Marx would be pleased…well, maybe not. In any event, ...
US economic officials have been busy of late, propagating the “Strong ...
Subtle title, right? I couldn’t resist, considering that ...
Over the last few months, the New Zealand Dollar and Australian ...
Today, we bring you an interview with Edward Hugh, a macro economist, ...
Yesterday, emerging markets (proxied by the MSCI Emerging Markets ...