Swiss franc

Dollar set to snap 4-week winning streak on US fiscal health worries

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Dollar set to snap 4-week winning streak on US fiscal health worries

The U.S. dollar was soft on Friday, poised to make its first weekly drop in five weeks against the euro and the yen as worries over the United States’ worsening fiscal health sent investors scurrying for safe havens. After Moody’s last week downgraded its U.S. debt ratings, investor attention this week has honed in on … Read more

US dollar makes weekly gains on renewed trade deal optimism

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US dollar makes weekly gains on renewed trade deal optimism

The dollar was on track for a weekly gain against major currencies, including the Swiss franc, yen and euro on Friday, after a U.S.-UK trade deal increased optimism about upcoming U.S.-China talks. Financial markets headed into the weekend with the focus squarely on trade negotiations between Washington and Beijing due to begin on Saturday in … Read more