The US dollar traded higher against major opponents after the release of some economic reports in New York mid-morning deals on Friday. The greenback climbed to a 2-day high versus the Swiss franc. U.S. retail sales unexpectedly fell in May, with the decline primarily due to a sharp pullback in sales at building materials and
The Swiss franc showed weakness against other major currencies in North American session on Friday. The franc fell to a 1-week low against the euro and a 2-day low against the U.S. dollar. Against the U.S. dollar, the Swiss franc fell to a 2-day low of 1.1522 at 10:25 am ET. As of now, the
In early European deals on Thursday, the euro registered gains against other major rivals as investors focus on the European Central Bank, which is due to announce its decision on interest rates at 7:45 am ET. Analysts expect the ECB to keep rates unchanged at 1%. The euro rose to a 2-day high against the
In early European deals on Thursday, the British pound showed strength against the currencies of US, Japan and Switzerland as investors look forward to the Bank of England’s interest rate announcement, which is due at 7:00 am ET. But the pound eased from a 3-day high against the euro. The BoE is widely expected to
During New York session on Wednesday, the U.S. dollar slipped against most major currencies. The dollar fell to 5-day lows against the euro, the franc and the pound. However, it extended its previous session’s choppy trading versus the yen. Wholesale inventories showed another modest increase in the month of April, according to a report released
