GO
Loading...

Enter multiple symbols separated by commas

Currencies Foreign Exchange

More

  • BERLIN— Switzerland's central bank is reporting a hefty loss for the second consecutive quarter after its decision to drop a cap on the franc's value against the euro sent the national currency soaring higher. The Swiss National Bank said Friday it lost 20 billion francs in the April-June period, nearly 18 billion francs of that on foreign-currency positions...

  • *Kuroda has little to gain from setting yen floor-sources. TOKYO, July 31- Bank of Japan Governor Haruhiko Kuroda never intended to put a floor under the yen and, like many Japanese policymakers, would prefer to see the currency weaken further rather than bounce up sharply, sources familiar with his thinking say. While he later stressed he didn't intend to draw any "...

  • Don't put too much weight on German data: FX strategist

    Hans Redeker, global head of FX strategy at Morgan Stanley, discusses the German economy and prospects for the euro.

  • *Greenback seen supported after US GDP backs rate rise view. *Dollar index takes breather after setting 1- week high. SINGAPORE/ TOKYO, July 31- The dollar backed off from a one-week high against a basket of currencies on Friday, but was still seen on firm footing after U.S.

  • TOKYO, July 31- The dollar held near one-week highs against a basket of major currencies on Friday as investors interpreted latest U.S. The market will continue to search for more hints on whether it will come in September or later, "said Shin Kadota, chief FX strategist at Barclays in Tokyo. U.S. interest rate futures priced in a higher chance of a September rate hike,...

  • NEW YORK, July 30- The dollar touched one-week highs and shorter-term U.S. The euro fell 0.50 percent against the dollar to $1.0928, which helped the dollar index rise 0.55 percent at 97.496 after touching 97.773, its highest since July 22. "The latest GDP report confirms the Fed's narrative that the first-quarter weakness was transitory," said Ian Gordon, G10...

  • The dollar rose to its highest level this week on Thursday after the U.S. Federal Reserve took another step towards raising interest rates.

  • BOSTON, July 30- Venezuela's currency woes cut nearly $3 billion in profit at U.S. blue-chip companies during the second quarter and prompted Procter& Gamble Co to remove its operations in the South American country from its consolidated financial reports. More so-called deconsolidation moves and exits from Venezuela are likely to happen during the second...

  • A BP employee uses ultrasound to scan a section of pipe along an oil transit pipeline at Prudhoe Bay oil field on Alaska's North Slope.

    Oil majors trim everything but dividends

  • NEW YORK, July 30- The dollar traded at one-week highs and shorter-term U.S. The euro fell 0.70 percent against the dollar to $1.0909, which helped the dollar index rise 0.70 percent at 97.641 after touching 97.773, its highest since July 22. The bar for them to hiking rates is not very high, "said Ian Gordon, G10 currency strategist at Bank of America Merrill Lynch in...

  • European markets close: Third day of gains

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European earnings that beat expectations.

  • Fed to hike rates by year-end?

    David Bloom, global head of foreign exchange strategy at HSBC, discusses the euro/dollar and when the Federal Reserve may raise interest rates.

  • Q2 GDP data supports view on Fed rate hike. *Greenback gains against major currencies. NEW YORK, July 30- The dollar rose to its highest level this week on Thursday as news of faster U.S. economic expansion in the second quarter supported the notion that the U.S.

  • The study-- by the Cass Business School, the Bank of England and City University Hong Kong-- used data from more than 40 stock markets, observed over 30 years. "This leaves significant returns available to investors allocating money across global stock markets when returns are measured in an investor's home currency," the Cass Business School said.

  • Cosmetics company Avon tops Street 2Q forecasts Thursday, 30 Jul 2015 | 7:51 AM ET

    NEW YORK— Avon's second-quarter earnings climbed 52 percent, beating consensus Wall Street forecasts as the cosmetics company got a boost from a drop in expenses and lower taxes that countered a currency exchange rate hit to sales. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

  • P&G's sales dip again on softer volume, exchange rates Thursday, 30 Jul 2015 | 7:36 AM ET

    CINCINNATI— Procter& Gamble's sales fell for the sixth straight quarter as the world's bigger consumer goods company was weighed down by softer sales volume and unfavorable currency exchange rates. Procter& Gamble, based in Cincinnati, has been trying to boost its results by cutting costs and shrinking its portfolio of products to concentrate on the 10...

  • Colgate-Palmolive revenue falls on currency headwinds Thursday, 30 Jul 2015 | 7:18 AM ET

    NEW YORK— Colgate-Palmolive Co. on Thursday said its second-quarter earnings fell on foreign currency exchange rates that battered sales of consumer staples in Latin America, Europe and other markets. The strong U.S. dollar has pushed up prices for goods sold overseas, which can cut into profits for U.S. companies like Colgate-Palmolive that do most of their...

  • Markets participants, however, say surging rates are likely to be short-lived as worries over yuan weakness may be overplayed and there is sufficient yuan liquidity in Hong Kong. Piling pressure on the yuan, China's State Council said on Friday it would liberalise yuan trading, among other measures, to support exports. "Following the sharp rebound in CCS, it is...

  • LONDON, July 30- The dollar rose to its highest level this week on Thursday after the U.S. In early trade in Europe, the euro was down more than a cent against the dollar compared with levels seen before the Fed made its monthly policy statement on Wednesday, falling back to around $1.0950, its lowest since last Friday. "The fact they weren't worried about anything else...

  • BEIJING, July 30- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor program rose to $76.6 billion by July 29, from $75.54 billion at the end of June, the foreign exchange regulator said on Thursday.