Currencies
Currencies News
Yen Drops for Second Day as Rally in China’s Stocks Helps Aussie
The yen declined, erasing a gain of as much as 0.3 percent against the dollar, after a recovery in Chinese equities curbed demand for haven assets.
The Real Franc Surprise? Swiss Fallout Wasn’t as Bad as Feared
A year after the Swiss National Bank suddenly abandoned its currency cap, it looks like the doomsday scenarios for the country haven’t panned out. But it’s still too early for SNB President Thomas Jordan to pop the champagne.