US Dollar gains ahead of FOMC meeting, despite negative housing stats and building permits data, +0.50% against the Swiss Franc.
The licensed Swiss firm claims to be the first regulated bank to offer returns on its own stablecoin.
The dollar held gains against a basket of its peers on Thursday as a more orderly rise in U.S. Treasury yields lent support before a speech by Federal Reserve Chairman Jerome Powell that may determine the trend for global bond markets and currencies. The dollar also hit a five-month high against the Swiss franc and a seven-month high to the Japanese yen while holding on to gains against most currencies as a renewed sense of calm in the Treasury market underpinned sentiment. Investors are anxious to see if Powell expresses concern about a recent volatile sell-off in Treasuries and if there is any change in his assessment of the economy before the Fed's next meeting, ending March 17.