The dollar rose against a basket of major currencies on Friday as investors bet U.S. interest rates would rise more quickly than expected.» Read More
The dollar failed to get a safe-haven boost despite news that the Ukraine-Russia conflict had entered a potentially dangerous phase.
*UK GDP data cold comfort for sterling. LONDON, Aug 15- The euro was on track for a second week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc, on concerns about the euro zone's economic prospects and expectations for more stimulus. The data confirmed that the UK economy grew at its fastest annual pace in over six years.
*UK GDP data in focus in European session. LONDON, Aug 15- The euro was on track for its fifth week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc on growing worries about the euro zone's gloomy economic prospects and more monetary stimulus.
A robust U.S. 30-year bond auction supported Treasuries prices in general and weighed on yields, which has underpinned the greenback, analysts said.
The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.
The euro fell towards 9-month lows against the dollar on Tuesday, as investors positioned for a weak German sentiment survey.
The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.
The euro gained against the dollar and sterling, and investors flocked to the Swiss Franc and yen as Obama approved air strikes in Iraq.
NEW YORK, Aug 8- The yen and Swiss franc rose on Friday as investors sought the relative safety of these currencies after yet another spurt of geopolitical tension that saw the United States launch an air strike against Iraq for the first time since American troops withdrew in 2011..
LONDON, Aug 8- The euro gained back some ground against the dollar and sterling on Friday, while investors sought the traditional safety of the yen and Swiss franc after U.S. President Barack Obama approved air strikes in Iraq.
The yen came under pressure from Japan's plans to increase its pension allocation to the domestic stock market.
ZURICH, Aug 7- Nestle announced an 8 billion Swiss franc share buyback on Thursday and revealed stronger sales growth in emerging markets in contrast to other big consumer products companies.
ZURICH, Aug 7- Nestle, the world's biggest food group, announced an 8 billion Swiss franc share buyback and stood by its full-year sales forecast on Thursday, after revenue growth in emerging markets picked up in the second quarter.
The dollar held near an 11-month high, supported by upbeat U.S. data, while the New Zealand dollar took a hit from a fall in dairy prices.
The US dollar extended a rally after an 8-1/2 year high in services growth and a bigger-than-expected increase in factory orders.
The euro headed back below $1.34 on Tuesday after a survey of Italian service sector purchasing managers disappointed on the low side.
The dollar hovered around 10-month highs ahead of U.S. jobs data on Friday.
The U.S. dollar edged higher against a basket of major currencies on Thursday after labor market data fueled expectations for a hawkish Fed.
The dollar rose against a basket of currencies on Wednesday, after the Fed announced it will cut its asset buying program by another $10 billion.
NEW YORK, July 29- The U.S. dollar hit fresh eight-month highs against the euro on Tuesday and advanced against the yen and Swiss franc on expectations for positive U.S. economic data and a potentially more hawkish tone from the Federal Reserve.