Currencies

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The dollar weakened Tuesday, easing from 4-year highs versus a basket of major rivals as upbeat global economic news fueled appetite for riskier currencies. An upward revision to U.S. GDP reflected solid growth for the nation's economy in the third quarter, but failed to help the dollar extend its...

The dollar was mixed Monday, holding near recent 4-year highs as measured against a basket of major rivals. Upbeat economic news from Germany weighed on the dollar versus the euro, but the greenback edged toward fresh 7-year highs against the slumping yen. German business confidence improved unexpectedly...

The dollar rallied versus European rival Friday after European Central Bank President Mario Draghi said policy makers are ready with unprecedented measures if inflation does not pick up. It is feared that the euro zone will enter a dangerous deflationary spiral unless the ECB embarks on full-scale...

The dollar paused after surging to another 7-year peak against the yen Thursday, as traders weighed a flurry of economic news, including a closely-watched reading on U.S. inflation. Lower energy costs keeping are keeping inflation in check, possibly giving the Federal Reserve more room to keep interest...

The dollar surged to yet another 7-year peak versus the yen Wednesday as the Bank of Japan maintained its massive monetary stimulus. The pace of the yen's recent declines quickened yesterday when Prime Minister Shinzo Abe called for an early election and put off a proposed sales tax hike. The...

The dollar climbed to another 7-year high versus the yen and sustained its strong recent gains versus European counterparts on a busy day of economic news from around the world Tuesday. The yen was in focus throughout as Japanese Prime Minister Shinzo Abe announced a delay in the implementation of...

The dollar weakened against the euro Friday, trimming its dramatic recent gains on renewed hopes the euro zone can avoid a triple-dip recession. The German economy recovered at a moderate pace avoiding a recession in the third quarter, while France rebounded at the fastest rate in a year, preliminary...

The dollar was mixed Thursday, adding to its yearly highs versus the sterling while continuing its assault on the yen. Modest weakness drove the dollar from near 26-month highs versus the euro after relatively encouraging inflation data raised speculation the European Central Bank will delay further...

Swiss stocks pushed higher Thursday, outperforming modest gains in other European markets as big banks rallied after yesterday's steep fines for UBS. The Swiss Market Index rose 0.98 percent to 8,954.40, for yet another 6-year high. UBS rose 1.1 percent a day after being fined by U.S., U.K. and...

The dollar was mixed Wednesday, rising sharply against the sterling amid speculation the Bank of England's warning on deflationary risks will keep U.K. interests low for an extended period. The BoE warned that U.K. price growth is likely to fall below 1 percent over the next six months. This is well...

The dollar held its dramatic recent gains versus other major currencies in light trading on Veteran's Day Tuesday in the U.S. Hawkish remarks from one the Federal Reserve's most vocal advocates of an early interest rate hike gave the buck a bit of a boost. Philadelphia Federal Reserve President...

The dollar was generally stronger Monday, staying near last week's 4-year peak versus a basket of major rivals. Safe haven currencies such as the dollar were lifted by renewed conflict between Russia and the Ukraine, as well as lingering concerns about the global economy. Meanwhile, Russia's central...

The dollar took a breather Friday, relenting after dramatic rally that drove the U.S. currency to its highest in more than 4 years. Traders struggled to assess a mixed U.S. jobs report and a slew of speeches from Federal Reserve officials including Chairman Janet Yellen. Data from the U.S. Labor...

The dollar surged to its highest in 26 months versus the euro Thursday, after European Central Bank President Mario Draghi vowed the ECB is prepared to offer additional stimulus for the weak euro zone economy. "Should it become necessary to further address risks of too prolonged a period of low inflation,...

The dollar continued its dramatic upswing against the yen Wednesday, rising to a fresh 7-year high as Republicans took control of the U.S. Senate. A number of Republicans have been critical of the Federal Reserve keeping interest rates so low for so long while the central bank's balance sheet ballooned...