The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.» Read More
The dollar softened on Tuesday after touching an 11-year high against major currencies.
VIENNA, March 3- Among the "bad banks" that have emerged since the global crisis, Austria's Heta Asset Resolution stands out as a spectacular failure, brought down by setbacks ranging from the demands of accounting rules to ailing Balkan economies and a Swiss decision to let the franc surge. Questions are swirling over how things could have gone so wrong so quickly...
The dollar edged up with the greenback touching an 11-year peak despite soft economic data.
Some central banks have cut interest rates into negative territory to eke out economic growth, but unintended, counterproductive outcomes may emerge.
The dollar index ended stayed on track for a record eighth month of gains on improving data and comments from Fed officials.
The dollar rose to a one-month high as data on U.S. inflation and business orders and Fed officials' remarks.
Former Goldman Sachs Asset Management Chairman Jim O'Neill shares his thoughts on currencies and shorting the Swiss franc. Also O'Neill weighs in on why he thinks the U.S. structural story is not so powerful.
The dollar edged down after Fed Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates.
The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.
The Swiss franc shed over 1 percent against the dollar, dropping towards five-week lows as some of the Greece-related safety flows waned.
*Bond investors sell Germany, buy Italy and Spain. LONDON, Feb 23- Shares rose and the safe-haven Swiss franc fell against the euro on Monday after Greece reached a conditional deal with its international parteners to avert an immediate financial crisis. The agreement keeps Greece in the euro zone, though it will live under the EU/IMF rescue plan its government...
*Greece still has to submit list of planned reforms later in day. LONDON, Feb 23- The Swiss franc fell towards five-week lows on Monday, as some of the Greek-related safety flows waned after a conditional loan extension for Greece was reached late last week. "Clearly, they want to keep Greece in the euro zone and as a consequence some of the safe-haven plays are being...
The euro jumped against the dollar in midday trading on reports that a deal had been reached between Greece and the European Central Bank.
The dollar recovered on talk the Swiss National Bank was buying the greenback.
Paul Bulcke, CEO of Nestle, talks the current volatility in the Swiss franc and the measures the company is taking to offset that.
ZURICH, Feb 18- Swiss exports fell 0.8 percent in January in real terms from a year earlier, when adjusted to take account for one less working day than last year, with sales of chemicals and pharmaceuticals hard hit, the Federal Customs Office said on Thursday. The surge in the Swiss franc since Switzerland scrapped the currency's cap in mid-January may also have...
The euro recovered from initial losses, helped by a bounce in German investor sentiment.
The euro inched higher ahead of a meeting of euro zone finance ministers that investors expect will find enough common ground to support Greece.
*UBS, Credit Suisse expand off-shoring centers in Poland. WARSAW/ KRAKOW, Feb 15- Swiss financial titans UBS and Credit Suisse are expanding their operations in provincial Poland in a cost-saving drive made more urgent by the surge in the value of the Swiss franc. Even before the Swiss central bank abandoned its cap on the currency in January, the cost of taking on...
The euro edged higher on Friday, putting it on course for a third straight week of gains, its best performance in just under a year.