The Swiss franc was flat today as Swiss exports advanced, easing concerns about a new intervention by the Swiss National Bank, but trade balance surplus decreased anyway. 42 Vote(s) Read More Franc Flat as Trade Balance Decreases Even as Export Grows
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Swiss franc is mixed today, higher against the euro, and lower against the US dollar and the Great Britain Pound. Even so, the recent economic forum at Davos has expressed confidence in the Swissie’s cap against the euro, and the ability of the franc to pull back against the 17-nation currency as needed. (…)Read the rest of Swiss Franc Mixed Today (139 words) Posted on Forex News. Read More Swiss Franc Mixed [...]
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Swiss franc is lower today in Forex trading, dropping as leaders warn that more job cuts are likely on the way in the country. Swiss companies expect to see weaker sales going forward (an outgrowth of the recently strong franc, which puts Swiss companies at an export disadvantage), and the news means that job cuts are likely on the way. Additionally, Swiss financial leaders reiterated their commitment to a weaker franc. (…)Read the [...]
Posted in FX News | Tagged cuts, expected, franc, job, lower, on, swiss
The?Swiss franc dropped today after the?government report showed that the?consumer prices fell last month in?Switzerland, leading to?the?speculation about a?possibility of?another intervention by?the?nation’s central bank.(…)Read the rest of Franc Retreats as CPI Declines (81 words) Posted on Forex News. Read More Franc Retreats as CPI Declines
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The Swiss franc advanced yesterday and kept its gains today even though the market sentiment was favorable to riskier currencies, not safer ones.(…)Read the rest of Swiss Franc Rallies Despite Positive Market Sentiment (189 words) Posted on Forex News. Read More Swiss Franc Rallies Despite Positive Market Sentiment
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The Swiss franc strengthened today on the speculation the Swiss National Bank will refrain from raising the ceiling for the currency in the near future.(…)Read the rest of SNB Resists Urge to Weaken Franc Further (112 words) Posted on Forex News. Read More SNB Resists Urge to Weaken Franc Further
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The Swiss franc weakened today after the report showed that the inflation in Switzerland unexpectedly declined, spurring the speculation that the central bank may tighten the peg of the Swiss currency to the euro.(…)Read the rest of Franc Drops as CPI Falls, SNB Ready to Intervene Again (96 words) Posted on Forex News. Read More Franc Drops as CPI Falls, SNB Ready to Intervene Again
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FXstreet.com (California) – CHF continues to trade under pressure against its major counterparts in… For more information, read our latest forex news. Read More Forex Swiss franc weak versus majors
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The Swiss franc dropped after Switzerland’s central bank reported that the nation’s foreign currency reserves decline last month.(…)Read the rest of Swiss Franc Lower as Foreign Currency Reserves Decline (96 words) Posted on Forex News. Read More Swiss Franc Lower as Foreign Currency Reserves Decline
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The Swiss franc gained as the problems in Europe made traders flock to the currency, even though it’s hard now to be consider the Swissie a ”safe currency” after the euro-peg was implemented by the central bank. That peg was likely the reason the franc wasn’t been able to rise against the euro, while the troubling signs from Switzerland itself made investors prefer to buy the yen than the Swiss currency.(…)Read the rest of Franc [...]
Posted in FX News | Tagged dollar, franc, gains, retreats, vs, yen