The dollar trimmed its losses against major currencies on Friday after Janet Yellen delivered her comments on monetary policy.» Read More
ZURICH, March 16- Switzerland's finance minister said on Monday the government may try to meet more often with the Swiss National Bank but that it had not asked the SNB to introduce a new cap on the Swiss franc. The central bank's shock decision on Jan. 15 to abandon its longstanding cap on the currency's value against the euro has raised fears for the...
PARIS/ ZURICH, March 16- Holcim called a halt on Monday to its merger with Lafarge, pressing the French company to renegotiate the deal terms and putting their plan to create the world's biggest cement maker at risk. But since then, diverging results, share prices and a surge in the Swiss franc against the euro have strengthened Holcim's position and led its largest...
The euro extended its losses against the greenback on Friday as it traded under $1.05.
Jon Cox, head of European Consumer Equities at Kepler Cheuvreux, discusses whether the tech-enhanced timepiece unveiled by Swatch on Thursday could threaten Apple's smartwatch line.
Jonathan Webb, head of FX strategy at Jefferies, talks about the Swiss National Bank's decision to cut rates and how it relates to the weakening euro and strong U.S. dollar.
The euro extended gains against the dollar after surprisingly weak February retail sales data, recovering from an earlier 12-year low in Asian trade.
The euro extended its unrelenting fall, dropping 1 percent to below $1.06 for the first time in 12 years as the ECB's QE program hammered bond yields.
Here's why the euro will continue to weaken, Deutsche Bank's George Saravelos told CNBC.
The euro hit a 12-year low against the dollar after falling below $1.07 as the ECB continued its QE program.
The euro sank below $1.08 for the first time in almost 12 years, as the latest round of dollar gains brought into focus a run towards parity.
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.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
ZURICH, March 5- Switzerland's government will seek to coordinate more closely with the independent Swiss National Bank after the latter's shock decision to drop its cap on the Swiss franc, according to a confidential policy resolution seen by Reuters on Thursday. A government spokesman denied on Wednesday that Bern had asked the central bank to introduce a...
The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.
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.