The dollar hovered at a two-month high versus the yen and stood firm against other peers after surging on a higher-than-expected U.S. core CPI.» Read More
The dollar stepped backbut held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
GENEVA, May 19- The Swiss National Bank is aware of the risks posed by negative interest rates, which it has used to tame a surge in the Swiss franc, SNB vice-chairman Jean-Pierre Danthine said on Tuesday. According to an advance text of a speech in Geneva, Danthine also said the SNB could expand its balance sheet again if needed. Switzerland's central bank shocked...
The dollar made broad-based gains, recovering some ground after several weeks of selling that brought the greenback to more attractive levels.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping.
ZURICH/ GENEVA, May 18- Switzerland's central bank is monitoring the value of the Swiss franc against a number of currencies and is satisfied with the impact of negative interest rates, one of its board members told local newspapers. The value of the Swiss franc rocketed in mid-January when the Swiss National Bank abruptly abandoned a 1.20 francs per euro cap.
ZURICH, May 18- The Swiss National Bank is monitoring the value of the Swiss franc against a number of currencies, SNB board member Fritz Zurbruegg said in a Swiss newspaper interview published on Monday. "The Swiss franc is still very highly valued. All our models show that, "Zurbruegg told the Berner Zeitung.
SWISS NATIONAL BANK BOARD MEMBER ZURBRUEGG SAYS IN NEWSPAPER INTERVIEW SWISS FRANC STILL GREATLY OVERVALUED AGAINST THE EURO.
The dollar fell to a 3-month low against the euro as disappointing data on factory activity and consumer sentiment spurred doubts about recovery.
The U.S. dollar traded lower against a currency basket after downward producer price data challenged hopes for better U.S. economic growth.
Venezuela’s black market exchange rate weakened below a key level on Thursday, as the bolivar’s decline steepened in the face of hyperinflation and a rapidly shrinking economy.
The U.S. dollar hit a more than three-month low against a basket of major currencies on Wednesday after weaker-than-expected U.S. retail sales data.
Fund managers invested in U.S. markets are still expecting the dollar to return to strength, with euro dollar parity still very much on the cards.
NEW YORK, May 12- The U.S. dollar slumped against the euro and Swiss franc on Tuesday after a spike higher in German Bund yields overshadowed a similar rise in U.S. The European Central Bank's 1 trillion-euro stimulus program had driven European rates lower, with German 10- year Bund yields threatening to slip into negative territory as recently as last month...
Amid a sharp selloff in the bond market, players in Europe's low-yielding papers have gotten their fingers burned, big time.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
May 8- A pension fund has sued U.S. currency broker FXCM Inc for allegedly misleading investors about its financial prospects and concealing weaknesses in its core business before its stock dropped 90 percent in January. The International Union of Operating Engineers Local No. 478 Pension Fund accused FXCM of fraud and artificially inflating its stock price...
The dollar gained against the euro as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy.
ZURICH, May 8- Agrochemicals firm Syngenta on Friday rejected a 449 Swiss franc per share takeover offer from Monsanto, saying the offer undervalues the Swiss firm and does not fully take into account regulatory risks. But On Friday, Syngenta said its board had unanimously rejected a 45- percent cash offer by Monsanto that would value Syngenta at 449 Swiss...
Bond markets have sold off globally, but there's an odd duck standout: the negative-yielding, Swiss-franc-denominated bond recently sold by Poland.