The U.S. dollar hit a more than one-month low against the Swiss franc and trimmed gains against the yen on Thursday on concerns over Deutsche Bank, while increased expectations for a December Federal Reserve rate hike kept the greenback generally afloat.
The franc and the yen, which are perceived to be safe-havens, benefited from the worries surrounding Germany's biggest lender. U.S.-listed shares of Deutsche Bank (DB.N), which is fighting a $14 billion U.S. demand to settle claims over mortgage-backed securities, fell by more than 8 percent after touching record lows in Europe this week.............................................Full Article: Source
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