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Swiss Franc Climbs Against Majors
(RTTNews) - The Swiss franc traded higher against its major counterparts in the European session on Monday.
The franc advanced to more than a 2-week high of 1.1133 against the pound and a 6-day high of 0.8940 against the greenback, off its early lows of 1.1196 and 0.8997, respectively.
The franc firmed to more than a 7-month high of 0.9677 against the euro and a multi-year high of 154.36 against the yen, from its early lows of 0.9722 and 153.15, respectively.
Next immediate resistance for the currency is seen around 1.105 against the pound, 0.88 against the greenback, 0.95 against the euro and 156.00 against the yen.
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Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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Yen Slides Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
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U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the late Asian session on Monday.
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U.S. Dollar Falls Against Most Majors
The U.S. dollar weakened against its most major counterparts in the New York session on Friday.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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