The dollar jumps after the Fed signaled it was on track to raise interest rates next year, altering a pledge to keep them near zero.» Read More
The Norwegian crown sank to its weakest in more than a decade against the U.S. dollar on Friday, a day after Norway's central bank cut rates.
The dollar was boosted by strong U.S. retail sales numbers and declining jobless claims, suggesting the US economy may get a rate hike next year.
Norway's central bank cut interest rates to prop up an economy ailing from falling offshore investments, lower oil prices and weak growth in Europe.
The Swiss central bank kept its rates steady today. Thomas Jordan, Chairman of Swiss National Bank talked to CNBC, explaining its reasons.
The euro edged higher against the dollar, but investors remained nervous over an uncertain political situation in Greece.
The yen rose strongly on Tuesday as a further drop in oil prices hit risk appetite.
Investors consolidated gains made following a strong U.S. jobs report that is expected to trigger an interest rate increase next year.
The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report.
The euro rebounded from a more than two-year low against the dollar on Thursday.
The U.S. dollar demonstrated broad-based strength on Wednesday, bolstered by more upbeat comments on the U.S. economy
The dollar fell on Monday against the yen and euro as profit-taking emerged after it reached a seven-year high against the yen.
*SNB may join ECB in buying bonds to protect franc-euro cap. LONDON, Dec 1- European Central Bank efforts to ward off deflation could be supported by the Swiss National Bank if it recycles euros bought to defend its cap on the Swiss franc into top-rated bonds such as those of France and Belgium. "This puts France and Belgium into the sweet spot," said Michael Leister,...
If no one expected the Swiss vote forcing the central bank to hold more gold to succeed, why is gold tanking?
*Dollar tops 119 yen to its highest since July 2007. By Lisa Twaronite and Ian Chua. TOKYO/ SYDNEY, Dec 1- The dollar touched a more than seven year peak against the yen on Monday, while the Swiss franc slipped against the euro after voters rejected a plan for the central bank to boost its gold reserves.
*Gold falls more than 1 pct, Swiss franc dips after Swiss vote. TOKYO, Dec 1- Gold prices fell the most in more than three weeks and the Swiss franc dipped slightly on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum. Gold fell more than two percent to $1,142.91 per ounce, its lowest level in more than three weeks, while...
*Aussie falls as weak commodity prices bite, China data next. SYDNEY, Dec 1- The Swiss franc slipped against the euro early on Monday after the Swiss National Bank affirmed its pledge to cap the currency as voters rejected proposals for the central bank to boost its gold reserves. The "Save our Swiss gold" initiative would have forced the Swiss National Bank to boost...
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
The dollar gained on Friday as concerns about continuing low oil prices added to deflation fears in the euro zone and Japan.
The euro fell against the dollar after data showed Spanish consumer prices falling more than expected.