EUR/USD traded at 1.1735 on Thursday, supported by U.S. political gridlock and stable ECB policy. U.S. shutdown halted key data, reinforcing bets on a 25 bp Fed cut at the October policy meeting.
The Swiss National Bank may be a special case, but if you were looking for a switch in the behavior of central bank reserve managers in their currency preference, then the Swiss case is a curious ...
LONDON (Reuters) -The pound edged up on Tuesday, but still headed for its fourth monthly loss against the euro and its first loss since July against the dollar, where short-term action has been ...
Lionel Laurent is a Bloomberg Opinion columnist writing about the future of money and the future of Europe. Previously, he was a reporter for Reuters and Forbes.
EUR/USD is trading with moderate gains, right above 1.1750 at the time of writing on Thursday, but still trapped within a tight range below 1.1760.
The dollar index (DXY00 ) recovered from early losses on Thursday and finished up by +0.11%. Hawkish Fed comments on Thursday sparked short covering in the dollar after Dallas Fed President Lorie ...
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering gains in the previous session and hovering around 97.90 ...
The dollar fell to near a one-week low on Thursday as traders weighed the impact of a U.S. government shutdown, while poor jobs data boosted expectations that the Federal Reserve will cut interest ...
The DXY index a benchmark measure of the US dollar’s performance against the euro and the currencies of Japan, the United Kingdom, Canada, Sweden, and Switzerland - fell more than 10 percent ...
With Swiss annual inflation relapsing to negative territory for the first time in four years, the SNB once again floored its policy interest rates back to zero in June ...
The euro trended broadly higher over the past month. However, its appreciation proved uneven in large part due to the ousting of another French Prime Minister and growing concerns over France’s debt ...
Given evidence that the Administration wants a weaker dollar, SocGen’s Chief Global FX Strategist FX Kit Juckes expects that any increased Federal Reserve focus on growth rather than inflation will ...