| Jan 20, 2015

Dollar moves back above ¥118 in Tokyo

The dollar retook ¥118 in Tokyo trading Tuesday, boosted by higher equity prices reflecting a brighter outlook for the global economy. At 5 p.m., the dollar was quoted at ¥118.24-25, up from ¥117.16-18 at the same time Monday. The euro stood at $1.1590-1590, up ...

| Jan 19, 2015

Greenback rises above ¥117 in Tokyo

The dollar drifted at levels above ¥117 in Tokyo trading Monday, cutting early gains on risk aversion that was rekindled by a slump in Shanghai stocks. At 5 p.m., the dollar was quoted at ¥117.16-18, still up from ¥116.53-54 at the same time Friday. ...

What happened to the Swiss franc?

| Jan 17, 2015

What happened to the Swiss franc?

One of the world’s safest investments — the Swiss franc — has swung wildly this week after the central bank in Switzerland announced it would scrap its policy of limiting the rise of the currency. It may seem like an arcane move, but it’s ...

| Jan 16, 2015

Dollar tumbles in Tokyo on 'Swiss shock'

The dollar tumbled below ¥116 during Tokyo trading hours Friday amid global market turmoil following Switzerland’s unexpected decision to abandon the 3-year-old cap on the value of the Swiss franc against the euro. The greenback slid to one-month lows around ¥115.90 before recouping some ...

| Jan 14, 2015

Dollar briefly drops below ¥117 in Tokyo

The dollar briefly slipped below ¥117 in Tokyo trading Wednesday as continued falls in stock and crude oil prices heightened risk-averse sentiment among investors. The greenback sank to levels near ¥116.75 before standing at ¥117.07-08 at 5 p.m., down from ¥118.24-24 at the same ...

| Jan 6, 2015

Greenback drops below ¥120 in Tokyo

The dollar briefly plunged below ¥119 in trading Tuesday as market players became risk-averse due to tumbling stocks from crude oil price drops, but resisted falling further thanks to buybacks. At 5 p.m., the dollar stood at ¥119.18-19, down from ¥120.37-37 at the same ...