Tag: Euro

Euro rises to more than two-year high; yen falls

The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted positions for the year end, while the yen hit five-year lows for a second straight session. The dollar was broadly weaker against European currencies, including sterling and the Swiss franc. […]

Dollar, euro, Swiss franc hit multi-year highs vs. yen

The dollar and euro rose to five-year highs against the yen on Friday, driven by upbeat U.S. data before the Federal Reserve’s meeting next week and dwindling excess cash in the euro zone banking system. The yen also slumped to a three-decade low against the Swiss franc, with some attributing […]

Dollar dips vs euro before Bernanke testimony; yen weakens

The U.S. dollar fell against the euro on Tuesday after comments from Federal Reserve officials dented expectations the U.S. central bank may taper its bond purchases anytime soon. But the dollar rose against the yen, a day before the Bank of Japan concludes a two-day policy meeting. Traders widely expect […]