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
Posted in FX News | Tagged forex, franc, majors, swiss, versus, weak
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
Posted in FX News | Tagged as, currency, decline, foreign, franc, lower, reserves, swiss
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
With all the uncertainty about the outcome of the coming European Union summit Forex traders remembered that the Swiss franc was considered a safe currency and flocked to the Swissie in search of a refuge from the market volatility.(…)Read the rest of Franc Continues to Profit from Troubles in Europe (128 words) Posted on Forex News. Read More Franc Continues to Profit from Troubles in Europe
Posted in FX News | Tagged continues, europe, franc, from, in, profit, to, troubles
The Swiss franc gained today as many traders remained unconvinced about ability of the European leaders to find a cure for the region’s failing economy, driving Forex market participants to the perceived safety of the Swiss currency.(…)Read the rest of Franc Finds Strength in Fears of European Crisis (87 words) Posted on Forex News. Read More Franc Finds Strength in Fears of European Crisis
Posted in FX News | Tagged crisis, european, fears, finds, franc, in, of, strength
FXstreet.com (Buenos Aires) ? Swissy jumped higher against major rivals, reaching 0.8941 against… For more information, read our latest forex news. Read More Forex Swiss Franc jumps higher on dollar slide
Posted in FX News | Tagged dollar, forex, franc, higher, jumps, on, slide, swiss
The dropped today as the macroeconomic reports showed Switzerland’s economy experiences problems, spurring the speculation about yen another intervention by the nation’s central bank.(…)Read the rest of Franc Drops as Swiss Economy Weakens (144 words) Posted on Forex News. Read More Franc Drops as Swiss Economy Weakens
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FXstreet.com (C?rdoba) ? After tumbling during the second half of August and last week, the Swiss… For more information, read our latest forex news. Read More Forex Swiss Franc ends week slightly higher
Posted in FX News | Tagged ends, forex, franc, higher, slightly, swiss, week
The Swiss franc fell today against most major currencies as Economy Minister Johann Schneider-Ammann said that the currency is “massively overvalued” even after the central bank pegged the franc to the euro. The franc advanced against the euro today.(…)Read the rest of Franc Considered Overvalued Even Pegged to Euro (99 words) Posted on Forex News. Read More Franc Considered Overvalued Even Pegged to Euro
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