The euro rose against the U.S. dollar on Friday after strong euro zone inflation figures.
BERN, April 28- The Swiss National Bank could cut rates deeper into negative territory and step up currency market interventions if necessary to pursue its ultra-loose policy and rein in the strong Swiss franc, Chairman Thomas Jordan said on Friday. "Given low inflation and underutilisation of production capacity, maintaining an expansionary monetary...
The dollar only held its gains against the yen on Thursday after Trump's tax plan offered no surprises, slowing the greenback's rally.
The Australian and New Zealand dollars sank, after Australian inflation data pointed to an economy under strain from mediocre growth in China.
The euro remained high on growing confidence that market-friendly Emmanuel Macron will become the next French president.
The euro inched higher on Friday as investors battened down the hatches for results of the first round of a tightly-fought French election.
The dollar inched lower against a basket of currencies, suffering from a solid euro performance before the first round of French elections.
The dollar crept higher on Wednesday, a day after dropping to a three-week low against a basket of major currencies.
The dollar steadied against the yen, with worries that currency manipulation complaints could touch Japan offset by US Treasury Secretary comments.
Switzerland is not manipulating its currency, said Jorg Gasser, the country’s state secretary for international financial matters, on Tuesday.
The Swiss franc is "grossly overvalued" due to its safe haven status and the weak euro, explains Jörg Gasser, Switzerland state secretary for International Financial Matters.
BANGALORE/ FRANKFURT, April 14- Credit Suisse has cut its bonuses for top management by 40 percent after shareholder criticism of its plans to make a 78 million Swiss franc payout in spite of heavy losses. The climbdown by Switzerland's second-largest bank is rare and represents a victory for investors who are increasingly pushing for more modest pay in an...
The dollar skidded to a 2-week low against a basket of currencies on Thursday after President Trump said that the currency was too strong.
The dollar fell to session lows on Wednesday after President Donald Trump said he thinks the currency is getting "too strong."
PRAGUE/ LONDON, April 12- The Czech crown's release from an intervention regime last Thursday did not produce the fireworks seen at the end of the Swiss franc peg, but a pile of long crown positions held by investors means a show may yet take place. So the majority of positions waiting for greater strength-- between 20 and 60 billion euros worth, analysts reckon-- are...
The safe-haven yen rose, as investors considered a spectrum of risks including possible U.S. action in Syria and North Korea.
The euro edged lower against the dollar on Monday, pressured by nervousness over the upcoming French presidential elections.
The safe-haven yen climbed and the Russian rouble tumbled on Friday, after the United States launched cruise missiles at an airbase in Syria.
ZAGREB, April 7- Croatia's Constitutional Court on Friday rejected local banks' request to assess whether a law forcing lenders to convert Swiss franc loans into euros is in line with the constitution. Households and firms across Croatia and eastern Europe who had taken out Swiss franc mortgages to benefit from low interest rates were caught out by the surge in...
The euro hit a three-week low after the head of the European Central Bank said he saw no need to deviate from the ECB's policy path.