Swiss Franc

United States Michigan Current Conditions

The first week of August was a fairly good one for the US dollar. The greenback appreciated against all of the major currencies with the exception of …

Donald Trump

Is The Yen Making A Comeback?

It has been quite an interesting month for the currency markets.<p>With the dollar regaining strength, as well as the euro being negatively affected by …

Economy

200 Swiss Franc new banknote: No personalities

The design of some of these European banknotes is just so fascinating.<p>Here is the new design of CHF 200 banknote. It is equivalent to nearly 15,000 …

Central Banks

Swiss Franc Rally May Run Out of Steam as Gains Risk Irking SNB

The Swiss franc’s rally may be coming to an end as the currency nears levels that some strategists say will prompt the country’s central bank to step …

Economics

Swiss National Bank's Zurbruegg says recent franc rise justifies loose policy

ZURICH, Aug 15 (Reuters) - The recent strengthening of the Swiss franc in the wake of Turkish economic upheaval supports the continuation of the Swiss National Bank’s ultra-loose monetary stance, SNB vice chairman Vice Chairman Fritz Zurbruegg said on Wednesday.<p>The Swiss franc has appreciated …

Economics

Asia shares dip as Turkey's lira tanks | Reuters.com

Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in the Turkish lira drove demand for safe harbors, including the U.S. dollar, Swiss franc and yen.<p>▲ Hide Transcript<p>▶ View Transcript<p>Asia share markets skidded and the euro hit one-year lows on Monday as a renewed …

Turkish Lira

FOREX-Euro, emerging market currencies fall on Turkey's economic woes

© Reuters. FOREX-Euro, emerging market currencies fall on Turkey's economic woes<p>* Yen, Swiss franc gains as investors seek safety<p>* Euro struggles to …

Economics

Forex - Euro Down, Safe Haven Currencies Higher on Turkish Lira Crash

© Reuters. Euro down, safe haven currencies higher on Turkish lira crash<p>Investing.com - The euro was trading at more than one-year lows on Monday as …

Forex

EM wobbles give the Swiss franc a lift against the euro | Financial Times

The Swiss franc hasn’t flexed its muscles as a ‘haven’ currency in some time. But as woes in Turkey and Russia ripple across the FX space, the franc …

Economics

Why I See The Swiss Franc Remaining Strong

The U.S. dollar has seen a rebound in recent days, after speculation that the currency was overbought.<p>Last month, I made the argument that the Swiss …

Economics

Emerging-Market Currencies Fall on Turkish Lira Fears

U.S. dollar notches big gains against emerging markets, while Turkey’s lira slides 6.6%<p>Emerging-market currencies slid Monday, weighed down by investors’ concerns that a selloff in the Turkish lira could spread to other countries.<p>The dollar rose around 2.4% against both the South African rand and …

Markets

Contagion Fears Engulf Market As Lira Resumes Its Fall

Recent sessions have been a stark reminder that trading in August is not for the faint-hearted. With the US and Europe on summer holidays, liquidity …

Stock Markets

GLOBAL MARKETS-Euro on defensive as Turkish crisis sparks rush to safety

© Reuters. GLOBAL MARKETS-Euro on defensive as Turkish crisis sparks rush to safety<p>* Euro slips in early Asia as yen, Swiss franc, dollar bid<p>* Stock …

Stock Markets

Euro soft as investors bid up safe havens on Turkish crisis

© Reuters. Turkish Lira and Euro banknotes are seen in this picture illustration<p>By Daniel Leussink<p>TOKYO (Reuters) - The euro was frail after touching …

Forex

FOREX-Euro whacked on Turkey turmoil as investors scramble for safety

* Dollar boosted as risk sentiment worsens<p>* Euro falls to lowest since July 2017<p>* Yen seen drawing safe-haven bids<p>* Turkish lira marks record low, rouble also slumps (Adds quotes, context, updates prices)<p>By Tom Finn<p>LONDON, Aug 10 (Reuters) - The euro sank to its lowest levels in more than a year on …

Economics

Euro Becomes Collateral Damage as Trump Amps Up Turkey Pressure

As U.S. President Donald Trump takes aim at Turkey, the euro is getting caught in the crossfire.<p>Turkey’s lira plunged to a record low Friday amid …

Donald Trump

US dollar declines amid trade tensions

New York, Aug 9 (IANS) The US dollar index decreased against most other major currencies as investors monitored the latest development of US-China …

European Union

Will Gold Fall 15% On This Indicator?

Swiss Franc (top), Gold<p>Seven years ago this month the Power of the Pattern suggested that <b>“gold could be flat-to-down for years to come!”</b><p>What did we …

Trends

GAM Holding clarifies reason for suspending fund manager last week

GAM Holding AG (OTCPK:GMHLF) says it suspended fund manager Tim Haywood last week because of poor due diligence, breaches of its gifts and …

Business

Switzerland SVME Purchasing Managers Index (PMI)

Swiss retail sales and manufacturing activity declined in February and March respectively. Will the USD/CHF continue rebounding? The Swiss National …

Donald Trump

ICE plans futures on euro, Swiss franc "risk-free" benchmarks

LONDON, Aug 1 (Reuters) - The Intercontinental Exchange has said it will offer futures contracts based on the euro zone’s new “risk free” interest rate benchmark - once the market agrees on one.<p>Central banks are prodding markets to replace Libor and sister benchmarks like Euribor in the euro zone …

Futures Market

ICE Futures Europe to launch secured overnight financing rate futures

Intercontinental Exchange (ICE +1.3%) plans to launch through ICE Futures Europe one-month and three-month cash-settled futures based on secured …

Business

Swiss National Bank posts 11.96 billion Swiss franc second-quarter profit

ZURICH (Reuters) - The Swiss National Bank (SNBN.S) reported a 11.96 billion Swiss franc ($12.12 billion) profit during its second quarter as gains from its massive dollar investments outweighed losses on its euro-denominated holdings.<p>FILE PHOTO: The Swiss National Bank (SNB) is pictured in Bern, …

Economics

Euro Falls On Draghi’s Promise

ECB keeps interest rates, QE parameters and forward guidance unchanged, reiterating the intention to keep rates at this level at least until summer …

Economics

Swiss Miss: Central Bank Flubs Facebook

In an effort to hold down the value of the swiss franc, the SNB has been buying assets outside the country, particularly U.S. stocks.<p>Sometimes it feels like tech stock investors have a license to print money. One actually does.<p>Like other central banks, the Swiss National Bank can create currency …

Central Banks

Soccer: Swiss sport court dismisses Jerome Valcke appeal against soccer ban

ZURICH (Reuters) - The Court of Arbitration for Sport (CAS) dismissed former FIFA Secretary General Jerome Valcke's appeal against his 10-year ban for breaching the world soccer body's code of ethics.<p>The court in Lausanne, Switzerland, said the ban and the 100,000 Swiss franc ($100,290) fine was …

Corruption

Swiss sport court dismisses Jerome Valcke appeal against soccer ban

ZURICH (Reuters) - The Court of Arbitration for Sport (CAS) dismissed former FIFA Secretary General Jerome Valcke's appeal against his 10-year ban for breaching the world soccer body's code of ethics.<p>The court in Lausanne, Switzerland, said the ban and the 100,000 Swiss franc ($100,290) fine was …

Corruption

Swiss sport court dismisses Jerome Valcke appeal against football ban

ZURICH: The Court of Arbitration for Sport (CAS) dismissed former FIFA Secretary General Jerome Valcke's appeal against his 10-year ban for breaching …

Corruption

Sika ready to accelerate M&A activity with bigger deals

ZURICH (Reuters) - Swiss chemicals company Sika (SIKA.S) is ready to step up the pace and scale of its merger and acquisition activity after settling its bitter takeover battle with Saint-Gobain (SGOB.PA), Chief Executive Paul Schuler said on Thursday.<p>“I fully believe we can increase speed now …

Swiss Franc

US dollar declines against major currencies

New York, July 26 (IANS) The US dollar index decreased against other major currencies as the country's new home sales data came out disappointing.<p>In …

European Union