Euro bouncing as investors were cautious ahead of stress test results on euro zone banks, while yen underpinned by safe-haven flows from Ebola scare.» Read More
BRUSSELS, Oct 21- Alerts and a story on a source saying the European Commission was planning to fine three banks for rigging Swiss franc LIBOR interest rates is withdrawn after the Commission said only one of the banks was being fined in that case, while the other two were fined in a cartel case involving spreads on Swiss franc interest rate derivatives.
BRUSSELS, Oct 21- European Union antitrust regulators are set to fine JPMorgan, UBS and Credit Suisse collectively over $115 million for rigging Swiss franc LIBOR benchmark interest rates, a person familiar with the matter told Reuters. Royal Bank of Scotland alerted the European Commission to the wrongdoing and so would not be penalized for its own role in the...
Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets.
The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves.
The U.S. dollar recovered against a basket of major currencies on Thursday on the view that Wednesday's selloff was overdone.
GENEVA— Nestle S.A., the world's biggest food and drink company, on Thursday reported a 3- percent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs. The Vevey, Switzerland- based company said it had sales of 66.2 billion francs, down from 68.35 billion francs in the same period a year...
The U.S. dollar hit a three-week low against the euro and a more than one-month low against the yen on Wednesday.
The U.S. dollar recovered against a basket of major currencies on Tuesday after worrying economic data came out of the euro zone and United Kingdom.
The US dollar fell against a basket of major currencies on Monday on concerns that the Fed may delay its first interest rate hike.
German Bunds moved higher, accentuating flows towards safer currencies like the yen and the Swiss franc after rating agency S&P on Friday downgraded Finland and cut its outlook on France. The dollar was down 0.3 percent to 107.38 yen, after falling as low as 107.06 yen, its weakest level in about a month and well off a six-year high of 110.09 yen on Oct. 1.
European stocks opened lower and German Bunds moved higher, accentuating regional flows towards safer currencies like the yen and the Swiss franc after rating agency S&P on Friday downgraded Finland and cut its outlook on France. It was down 0.3 percent to 107.38 yen, after falling as low as 107.06 yen, its weakest level in about a month and well off a six-year...
The dollar firmed for a second straight session on Friday after three days of losses, bolstered by worries about the health of the global economy.
Following the Fed's warning of a strong dollar, investors are reassessing the timing and size of a rate hike, according to currency strategists.
The dollar tumbled to a three-week low against the yen on Thursday as investors continued to pare back bullish bets on the greenback.
The dollar fell to a two-week low against the euro on Wednesday after the minutes of the latest Fed meeting focused on risks to the U.S. economy.
The dollar fell to a three week-low against the yen on Tuesday, retracing most of its gains posted last week.
The dollar paused for breath in early European trade after forecast-beating U.S. jobs data on Friday.
It hasn't taken sterling long to lose all the gains from the relief rally which followed Scotland's vote against independence.
The dollar climbed to a more than four-year peak on Friday after a report showing the U.S. economy created more jobs than expected last month.
The yen held its gains against the dollar on Thursday after weak manufacturing surveys from around the globe and an Ebola health scare in the United States.