The dollar languished close to a 3-1/2-month low, as traders waited for U.S. interest rate guidance from Federal Reserve Chair Janet Yellen.» Read More
LONDON, Feb 9- The yen rose on Tuesday to its highest against the dollar since November 2014, as a sell-off in global stocks and worries about Europe's banking sector underpinned demand for safe-haven currencies. Europe's banking index fell 1.3 percent and yields on southern European government bonds rose, keeping gains in the euro limited.
The yen surged by half a percent against the dollar as worry over Europe's banks drove capital to the safety currecny.
The dollar rebounded on Friday after data showed a pickup in U.S. wages, suggesting rates hikes are more likely to happen in 2016.
The dollar was on the defensive after a collapse in hopes of a further rise in U.S. interest rates this year drove its biggest daily fall.
The yen rose on Wednesday as weaker stock markets in Europe spurred investors to buy safe haven assets.
The U.S. dollar fell against the euro and yen on Tuesday after a drop in oil prices suggested U.S. inflation would stay low.
The U.S. dollar fell against a basket of major currencies on the view that the Fed would not be able to hike interest rates as quickly as forecast.
The dollar rose sharply on Friday, hitting a six-week high versus the yen.
MOSCOW, Jan 29- The Russian central bank said on Friday it had relaxed regulations governing the exchange rates banks use to comply with its rules, in a move to protect them from excessive exposure to rouble risks. The bank said in a statement that the relaxation of its regulations affected operations in the U.S. dollar, euro, the British pound, the Swiss franc and...
The dollar hit a one-week low against the euro on Thursday after a plunge in U.S. durable goods orders.
Commodity-linked major currencies including the Australian and New Zealand dollars surged on Thursday as oil traded back above $33 a barrel.
GENEVA— Pharmaceuticals company Roche says a strong Swiss franc weighed on its earnings last year and contributed to a 5 percent drop in net income, which fell short of analysts' estimates. The Basel- based maker of Avastin and other cancer treatments reported Thursday that net income declined to 9.06 billion Swiss francs, from 9.54 billion in 2014, though...
SYDNEY, Jan 27- The U.S. dollar kept to the sidelines early on Wednesday with the market waiting for a interest rate steer from the Federal Reserve, while a fleeting rebound in oil prices sparked a short-covering rally in currencies like the Canadian dollar. Weakness in the Swiss franc caught some attention, sparking talk the Swiss National Bank could have been...
The safe-haven yen and the low-yielding euro halted their rise on Tuesday, as stock markets and oil prices recovered.
NEW YORK, Jan 26- A recovery in oil prices pushed the dollar higher against the safe-haven yen and Swiss franc on Tuesday, but it fell overall as sterling rose and the oil-linked Canadian dollar surged. With crude oil prices near 13- year lows, senior officials of the Organization of the Petroleum Exporting Countries renewed calls for rival producers to cut...
The dollar edged down on Monday as renewed selling on oil markets drove investors into currencies often deemed less risky investments.
NEW YORK, Jan 25- The dollar edged lower on Monday as renewed selling in oil markets drove investors into currencies often deemed less risky investments, such as the euro, Swiss franc and Japanese yen. Crude oil futures fell 6 percent after Iraq announced record-high oil production, feeding into a heavily oversupplied market, and senior officials with the...
NEW YORK, Jan 25- The dollar edged down on Monday as renewed selling on oil markets drove investors into currencies often deemed less risky investments, such as the euro, Swiss franc and Japanese yen. Crude oil futures fell 3 percent after Iraq announced record-high oil production, feeding into a heavily oversupplied market. "The negative shock of the first couple...
The dollar firmed Friday, boosted by expectations of monetary easing by in Europe and Japan, and by strong U.S. housing data.
The dollar turned negative against the euro on Thursday, reversing a morning rally.