Brian Dolan News
-
The dollar reached the weakest level in a month against the euro after the Federal Reserve extended its pledge to hold its target for the federal funds rate low until late 2014 amid a “highly accommodative” monetary policy.
-
The euro slumped for a sixth week, the longest stretch of losses versus the dollar since 2010, as the stripping by France’s top credit rating by Standard & Poor’s magnified concern the region’s financial turmoil will intensify.
-
The euro dropped against the majority of its most-traded counterparts as concern increased that the region’s leaders won’t be able to contain the sovereign-debt crisis after Fitch Ratings put France on negative outlook and said six other European nations may be downgraded.
-
The euro fell against the dollar by the most in more than three months and touched an 11-month low as concern increased that the region’s leaders won’t be able to contain the sovereign-debt crisis.
-
The franc fell against the euro and the dollar after Finance Minister Eveline Widmer-Schlumpf said a panel is considering measures, including capital controls and negative interest rates, to weaken the Swiss currency.
-
Canada’s dollar rose to a three-year high versus its U.S. counterpart and approached the strongest level since 1950 as speculation the global economic recovery is quickening fueled investor appetite for higher-yielding assets.
-
The euro may be poised to advance to the strongest level against the dollar in more than two months as it approaches a critical level after breaking through another one, according to online currency-trading firm Gain Capital.
-
The dollar dropped the most in seven trading days against the yen as initial unemployment-benefit claims rose more than estimated last week and yields on U.S. Treasuries fell.
-
The dollar fluctuated against the yen and euro before the outcome of the Federal Reserve’s meeting to review its policy of debt purchases to bolster the U.S. economy.
-
Canada’s dollar strengthened against the euro on an advance in crude oil prices and after Moody’s Investors Service cut Portugal’s long-term government bond ratings to junk.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page