In early European deals on Monday, the Swiss franc soared against other major currencies. The franc jumped to a new multi-week high against the dollar and a new multi-day high against the yen. The Swiss franc has been in an upward channel after the Swiss central bank reiterated last week that the risk of deflation
During New York mid-day trading on Friday, the US currency extended its previous session downward trading against major currencies. The greenback dropped to a multi-day low versus the Canadian dollar, new multi-week lows against the Swiss franc and the British pound. On the economic front on Friday, the U.S. Commerce Department released its report on
During the European session on Tuesday, the Canadian dollar rose against other major opponents as a report indicated that Canada’s consumer price rose 1.4% in 12 months. The loonie recouped recent losses against the U.S. dollar and recovered from a 4-day low against the yen. Meanwhile, the loonie rose to an 8-day high against the
The British pound registered gains against the currencies of Switzerland, Europe and Japan during Monday’s early European session on the back of a rise in stocks. The pound rose to more than a 2-week high against the yen. But the pound eased from near a 6-week high against the greenback. At 6:04 am ET, U.K’s
Monday, the Canadian dollar surged up to near a 5-week high against the yen and a 4-day high against the euro as crude oil rose today after China pledged to make its currency more flexible. The Canadian dollar also jumped to near a 6-week high against the US currency at 3:35 am ET, but the
