Swiss Franc Rises Against Majors

RTTNews | 83 days ago
Swiss Franc Rises Against Majors

(RTTNews) - The Swiss franc strengthened against other major currencies in the European session on Monday.

The Swiss franc rose to more than a 10-year high of 0.8040 against the U.S. dollar, from an early low of 0.8126.

Against the yen and the pound, the franc advanced to 4-day highs of 174.83 and 1.0787 from early 173.58 and 1.0840, respectively.

The franc edged up to 0.9294 against the euro, from an early low of 0.9323.

If the franc extends its uptrend, it is likely to find resistance around 0.79 against the greenback, 178.00 against the yen, 1.06 against the pound and 0.91 against the euro.

read more
Pound Falls As U.K. Economy Contracts For Second Straight Month

Pound Falls As U.K. Economy Contracts For Second Straight Month

The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews | 2 days ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 2 days ago
Yen Retreats Amid US-Japan Trade Uncertainty

Yen Retreats Amid US-Japan Trade Uncertainty

The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
RTTNews | 2 days ago
Yen Retreats Against Majors

Yen Retreats Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 2 days ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews | 3 days ago