The dollar stuck around as disappointing US jobs data and caution ahead of Greece's referendum on bailout conditions kept the market mood subdued.» Read More
Ray Attrill, co-Head of FX strategy at National Australia Bank, attributes the resilience of the euro to factors such as the muted participation of speculative investors and central bank support.
The euro proved broadly resilient to Greece's moving one step closer to an exit from the single currency.
The ongoing Greek debt talks left currency markets in tight ranges on Friday.
LONDON, June 26- The euro fell against the safe haven Swiss franc and yen on Friday as investors cut exposure to the single currency before the weekend amid worries over whether Greece and its creditors can avert a debt default. Still, many investors and fund managers held out hopes that a last-minute deal could be stitched to keep Greece in the euro zone.
LONDON, June 26- The euro fell against the safe haven yen and Swiss franc on Friday, as investors cut exposure to the single currency before the weekend amid worries over whether a deal between Greece and its creditors can be struck to avert a debt default. Greece failed again on Thursday to clinch a deal with its international creditors, setting up a last-ditch...
Ongoing Greek debt talks sidelined currency investors, demonstrating their unwillingness to take bold positions as deadlines for a deal come and go.
*EU leaders' meeting on Greece in focus. LONDON, June 25- The Swiss franc fell to a 10- day low against a broadly flat euro on Thursday, after the head of the Swiss National Bank said it was "considerably over-valued" and that the SNB would continue to intervene in currency markets. As talks between debt-laden Greece and its creditors ground on with no clear sign that a...
The dollar pared earlier losses on Wednesday after edging lower while U.S. 10-year Treasury yields dipped.
The U.S. dollar rose on Tuesday, underpinned by rising U.S. Treasury yields and prospects for interest rate increases.
The euro was mixed on Monday as a new cash-for-reforms offer from Greece raised hopes a tangible deal is taking shape.
NEW YORK, June 22- The euro edged higher against the U.S. dollar, yen and Swiss franc on Monday as a new cash-for-reforms offer from Greece raised hopes a tangible deal is taking shape that will help Athens avoid a default on its debts. The ministers agreed to reconvene before the week is over, after Greece has thrashed out details with its international creditors...
LONDON, June 22- The euro rose against the safe-haven yen and Swiss franc on Monday, as a new Greek offer for a cash-for-reforms deal raised hopes of an agreement between the debt-laden country and its creditors, boosting investors' risk appetite. The euro, whose resilience has surprised many in the face of growing worries that Greece could default and leave the...
The euro fell against other major currencies, weighed down by anxieties that Greece may soon default on debts.
The dollar declined, with weaker-than-forecast US consumer inflation data making traders even more uncertain about when the Fed will hike rates.
LONDON, June 18- The dollar index fell 0.6 percent to a one-month low on Thursday after the Federal Reserve disappointed investors who had hoped for a clearer signal on when the U.S. central bank will raise interest rates. The Swiss franc inched up after the Swiss National Bank kept interest rates unchanged at -0.75 percent and slightly tweaked its inflation...
Thomas Jordan, chairman of the Swiss National Bank (SNB), discusses today's rate decision, telling CNBC that the country's inflation and economic outlook remains unchanged.
Thomas Jordan, chairman of the Swiss National Bank, explains why discontinuing the minimum exchange rate was the right decision.
LONDON, June 18- The dollar index shed 0.6 percent to hit a one-month low on Thursday after the Federal Reserve disappointed investors who had hoped for a clearer signal on when the U.S. central bank will lift interest rates. In the European session, the Swiss franc inched up after the Swiss National Bank kept interest rates unchanged at -0.75 percent and slightly...
Vasileios Gkionakis, head of global fx strategy at Unicredit, says a euro recovery will push the currency higher against the Swiss franc by year-end.
The euro rose on Wednesday shortly after the U.S. Federal Reserve left its benchmark interest rates unchanged.