Senior Correspondent, New York
Daniel's Feed
Jan 29, 2015
Jan 29, 2015

Swiss franc under pressure, euro broadly stronger

NEW YORK (Reuters) – The Swiss franc dominated trade on major currency markets again on Thursday, weakening against the euro and the U.S. dollar on renewed speculation of intervention by the Swiss National Bank, while commodity-based currencies fell against the greenback.

The euro gained broadly, even in the face of Greek political ructions with the European Union, although the dominant theme of U.S. dollar strength is taking all but a pause.

Jan 28, 2015

Dollar holds gains, Fed remains patient on policy

NEW YORK, Jan 28 (Reuters) – The U.S. dollar strengthened on
Wednesday in a broad advance that included gains against the
euro and the Swiss franc, taking in stride the Federal Reserve’s
repeated message it remains “patient” in deciding when to raise
interest rates.

Market expectations the Fed would stay the course toward
increasing rates underpins the dollar’s rally versus its
European and Asian counterparts where policy is being loosened
in a bid to spur economic growth.

Jan 28, 2015
Jan 28, 2015

Dollar firms in cautious trade before Fed statement

NEW YORK (Reuters) – The U.S. dollar made a tepid advance against the euro and the Swiss franc on Wednesday but fell against the yen before a monetary policy statement from the Federal Reserve.

Economists polled by Reuters expect the Fed not to do anything that will deviate from a mid-year interest rate rise trajectory, even as U.S. corporations blame the recent rally in the dollar’s value for hitting corporate profits.

Jan 27, 2015
Jan 27, 2015
Jan 27, 2015

Dollar down on mixed U.S. data ahead of FOMC decision

NEW YORK (Reuters) – The U.S. dollar fell on Tuesday with currency strategists pointing toward a surprise drop in U.S. durable goods orders that is feeding into speculation the Federal Reserve might hold off on raising interest rates longer than currently expected.

Investors have bid the dollar higher in anticipation that the Fed will be raising interest rates around mid-year as the U.S. economy recovers its growth momentum at the same time major central banks in Europe and Japan are loosening policies to spur activity.

Jan 26, 2015
Jan 26, 2015
    • About Daniel

      "Senior Correspondent covering global financial markets, investing and foreign policy. I'm New York-based with 20+ years of experience in text, TV and radio. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught journalism in Asia, Europe, Latin America and the United States."
      Joined Reuters:
    • More from Daniel

    • Contact Daniel

    • Follow Daniel