The Swiss franc is closing in on its highest levels in a decade against the euro, as haven demand ripples through global markets due to renewed tariff and political concerns.
The Swiss franc has appreciated 10% against the U.S. dollar since the beginning of the year. A strengthening franc has put deflationary pressure on the Swiss economy, which returned to deflation last ...
The Swiss franc was slightly weaker against the euro and its recent pullback likely reflected a reduction in demand for safe havens rather than renewed SNB interventions, Commerzbank said.
Japan’s margin traders have ramped up bearish bets on the Swiss franc to a record high as they look to profit from a ...
ZURICH (Reuters) - The Swiss National Bank greatly reduced its activity in foreign currency markets during 2024, according to data published on Tuesday, as the central bank relied instead on interest ...
Switzerland's central bank on Friday reported a profit of 12.6 billion Swiss francs ($15.7 billion) for the first nine months ...
U.S. President Donald Trump's trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. One of the beneficiaries of the market ...
U.S. President Donald Trump's trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. Stream Connecticut News for free, 24/7, ...
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