The euro rebounded against the dollar on Thursday after data showed euro zone business growth unexpectedly picked up in October.» Read More
The dollar index was headed for a ninth consecutive week of gains after retail sales data added to expectations that U.S. growth is gaining steam.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.
The dollar also trounced the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility.
Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
Sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
The euro rose to session highs against the dollar after U.S. hiring in August fell far short of forecasts.
The euro hit fresh 14-month lows against the U.S. dollar and nearly two-year lows against the Swiss franc on Thursday.
NEW YORK, Sept 4- The euro hit fresh 14- month lows against the U.S. dollar and nearly two-year lows against the Swiss franc on Thursday after the European Central Bank cut interest rates and said it would launch an asset purchase program to ward off deflation.
The euro steadied against almost every other major currency on Wednesday after Ukraine said it has agreed on a ceasefire with Russia.
The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the ECB will do more to help a wobbly euro zone economy.
The euro hit a year-low against the dollar on Monday, as investors added to bets against the single currency before a policy meeting this week.
The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data.
*Escalation of Ukraine tensions pushes up yen, Swiss franc. NEW YORK, Aug 28- The dollar got a modest lift on Thursday from better-than-expected U.S. economic data and a worsening of the Ukraine crisis that weighed on the steadily declining euro.
Better-than-expected U.S. growth data lifted the dollar on Thursday as the euro fell amid worries about tensions between Ukraine and Russia.
*Escalation of Ukraine tensions pushes up yen, Swiss franc. NEW YORK, Aug 28- The dollar got a lift from better-than-expected U.S. growth data on Thursday as the euro fell amid reawakened investors' worries about a serious escalation in tensions between Ukraine and Russia.
*Escalation of Ukraine tensions pushes up yen, Swiss franc. LONDON, Aug 28- The yen and Swiss franc gained on Thursday, while the euro fell, as concerns about a serious escalation in tensions between Ukraine and Russia rattled investors and drove them to seek safe-haven currencies.
The euro turned higher in choppy trading Wednesday as traders reacted to headlines that the ECB is unlikely to take new action early next week.
NEW YORK, Aug 27- The dollar softened on Wednesday as traders focused on riskier currencies, while the battered euro hit a 19- month low against the Swiss franc amid speculation the European Central Bank will resort to quantitative easing.
*Euro hits lowest since January 2013 against Swiss franc. LONDON, Aug 27- The euro fell broadly on Wednesday, hitting a 19- month low against the Swiss franc, as speculation that the European Central Bank will resort to quantitative easing was fuelled by yet more bad news from the euro zone.
Use of the Chinese yuan in Germany and the U.K. has doubled over the last year, as London and Frankfurt fight to become trading hubs.