The dollar rose against the euro on Friday, recovering from an early swoon after better-than-expected U.S. durable goods data for April eased investor concerns about the U.S. economy.» Read More
The dollar surged more than 1 percent against the yen on Friday after strong U.S. April jobs data fueled optimism the U.S. economy may be more resilient than some had feared.
The euro fell sharply against the dollar in choppy trading on Thursday after European Central Bank President Mario Draghi said the bank is ready for negative deposit rates.
The U.S. dollar pared its losses against the yen on Wednesday after the U.S. Federal Reserve said it will stick to its plan to buy $85 billion in bonds each month.
The dollar fell against the euro and yen Tuesday after a U.S. Midwest business barometer unexpectedly contracted in April, adding to worries about the economic recovery.
ZURICH, April 30- The Swiss franc slipped against the dollar on Tuesday, moving in tandem with the euro which pared gains recorded on Monday after Italy ended two months of political uncertainty by forming a government.
ZURICH, April 30- The Swiss National Bank. The central bank posted a consolidated profit of 11.2 billion Swiss francs for the period up to March 31, as the U.S. dollar strengthened 4 percent against the franc and the euro 0.9 percent since the start of 2013, outweighing losses against the yen, the central bank said.
The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty.
The dollar fell against the yen on Friday, retreating from a four-year high after the Bank of Japan left policy unchanged and after data showed U.S. economic growth expanded.
ZURICH, April 26- The Swiss National Bank will stand by its cap on the Swiss franc against the euro and is ready to buy foreign currency in unlimited quantities if necessary, its chairman said on Friday.
The dollar rose against the euro on Thursday as data indicating resilience in the U.S. labor market allayed concerns about the pace of the economic recovery.
The euro rose against the dollar on Wednesday, reversing a drop to a near three-week low earlier in the global session.
Jean-Claude Biver, chairman at Hublot, talks about the outlook for Swiss watch and says that many regions are booming such as Latin America and Russia, and how Europe is a growth area.
The euro hit a two-week low against the dollar after weak German data fanned concerns about the euro zone economy and speculation the European Central Bank could cut interest rates.
So, will dollar-yen continue its descent to hit 100 this week or does the yen, which has fallen more than 20 percent since mid-November, need a fresh catalyst to trigger a further downward move? Vote and let us know what you think.
The yen hovered near the key level of 100 to the dollar on Monday after major industrialized nations gave their stamp of approval to a massive Japanese easing program.
The U.S. dollar and euro rallied 1.5 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing.
The euro edged higher against the dollar as more signals of a weakening U.S. economic recovery lifted it from its biggest daily drop in 10 months in the previous session.
The euro suffered its biggest daily decline against the dollar in nearly a year on Wednesday, weakened by talk of a euro zone interest rate cut.
The yen tumbled against the dollar and euro Tuesday, reversing the previous session's sharp gains as investor anxiety triggered by a record plunge in gold prices eased.
The yen rose from recent multi-year lows against the dollar and euro on Monday amid renewed worries about the global economy.