The U.S. dollar rose against a basket of major currencies on Thursday.
*Worries grow over Trump aides' contact with Russia. LONDON, May 18- The dollar extended losses against the yen and the Swiss franc on Thursday as investors feeling increasingly nervous over the future of Donald Trump's U.S. presidency sought safe havens for their money. "Risk aversion is rife once again with the brewing political storm surrounding President...
NEW YORK, May 17- The dollar fell by nearly 2 percent against the yen to its lowest level since April and hit a six-month low against the Swiss franc on Wednesday as talk that U.S. The dollar index, which tracks the U.S. currency against six peers and had scaled a 14- year peak of 103.82 on Jan. 3, fell 0.6 percent to its lowest level since Nov. 9, surrendering all of its "Trump...
The yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar on Wednesday.
NEW YORK, May 17- The dollar fell to its lowest level against the yen since May 1 and hit a six-month low against the Swiss franc on Wednesday as talk that U.S. The dollar index, which tracks the U.S. currency against six peers and had scaled a 14- year peak of 103.82 on Jan. 3, fell 0.4 percent to its lowest level since Nov. 9, surrendering all of its "Trump bump" gains.
LONDON, May 17- The yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar on Wednesday as talk that President Donald Trump could face the threat of impeachment boosted safe-haven assets. News emerged on Tuesday that Trump had asked his now-dismissed FBI chief James Comey to end the agency's investigation into ties...
LONDON, May 17- The yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar on Wednesday as an intensifying political scandal around U.S. The dollar index, which scaled a 14- year peak of 103.82 on Jan. 3 in anticipation of Trump's promised tax reform and stimulus measures, wallowed near its lowest levels since Nov. 9 after...
The euro surged more than 1 percent against a broadly weaker dollar on Tuesday, rising above $1.10.
The Canadian dollar hit its highest level in two weeks and the Australian dollar was at a 10-day high.
NEW YORK, May 15- The dollar fell on Monday, touching lows against a number of currencies after a weak U.S. manufacturing report compounded a bounce in commodities prices that drove the greenback lower. The euro rose to a one-week high of $1.0989 against the dollar after the data, while the dollar hit a one-week low against the Swiss franc of 0.9958 franc.
The U.S. dollar fell on Friday, easing from a roughly two-month high against the yen.
The New Zealand and Canadian dollars sank on Thursday as domestic concerns outweighed a bounce in oil prices for the currencies.
ZURICH, May 11- Switzerland's financial centre is in the midst of a power shift. Insurance will overtake financial services as a proportion of Switzerland's 650 billion Swiss franc economy in 2018 based on the average growth rate of the past decade, according to Reuters calculations. It underscores banks' waning power in the aftermath of the financial crisis as...
Trump abruptly fired FBI Director James Comey in a move that shocked Washington and dampened some of this week's strong risk appetite.
Currency markets swung back to trading on the diverging outlooks for growth and tighter monetary policy.
*Attention back on tightening monetary outlook for Europe, U.S. LONDON, May 9- Currency markets swung back to bets on improving growth and tighter monetary policy on Tuesday, lifting the dollar and euro against traditional safe havens for capital including the yen and the Swiss franc. "We are going back to trading diverging monetary policy," said Athanasios...
Meanwhile, a fall in oil prices drove the Australian dollar and Canadian dollar to new lows.
Investors took profit on a roughly 3 percent gain for the currency since the first round of voting two weeks ago.
The U.S. Federal Reserve played down any threats to this year's planned rises in interest rates, solidifying expectations of a move in June.
Investors eyed a U.S. Federal Reserve statement later in the day for guidance on whether bets on a June interest rate hike are justified.