‘Swiss Franc’ News Archive

Swiss Franc are Heading to Parity with Dollar on Swiss GDP

Thursday, September 2nd, 2010

Swiss francThe Swiss franc is heading to the parity with the US dollar as the pace of Switzerland’s economic growth was faster than the economists estimated. The currency also gained against the euro.

Swiss Franc at Record High Against Euro

Wednesday, September 1st, 2010

Swiss francThe Swiss franc reached the record high level against the euro and the highest level since January 11th versus the US dollar today after the report showed the growth of the local consumption and as the demand for the safe haven increased the appeal for the franc, which is considered the safe currency nowadays.

Franc at New Record vs. Euro, Counts as Safe Haven

Wednesday, August 25th, 2010

Swiss francFrom looking at the recent dynamics of the Swiss franc in the foreign exchange market it can be undoubtedly said that the currency is now treated as a safe haven by the traders. It reached its new historical maximum against the euro today.

Swiss Franc Rises vs. Euro on Economic Prospects

Friday, August 13th, 2010

Swiss francThe Swiss franc rose today against the euro on the speculation that the austerity measures would cripple the economic recovery in Europe and that the Swiss National Bank would raise the interest rates before the European Central Bank. The franc fell versus the US dollar.

Swiss Franc Fall Despite Record Industrial Activity

Monday, August 2nd, 2010

Swiss francThe Swiss franc fell today against the US dollar and the euro, as the rally of the equities damped the demand for the currency as the safe haven, despite of the favorable fundamentals.

Franc Rises Against Euro on Signs of Improving Economy

Friday, July 30th, 2010

Swiss francThe Swiss franc rose reached today the highest level this week against the euro after the leading economic indicators remained at the highest level in almost four years.

Swiss Franc Falls as Stocks Rally and Recovery Continues

Tuesday, July 27th, 2010

Swiss francThe Swiss franc weakened today versus the U.S. dollar and the euro as the U.S. and the European economies show signs of recovery, damping demand for the franc as the safe currency and drawing the investors to the riskier assets.

Franc Falls, Causing Talks About SNB Intervention

Thursday, July 1st, 2010

Swiss francThe Swiss franc dropped today against the euro, leading to the speculation that the Swiss National Bank renewed its selling of the franc to prevent the strong currency from harming the economy; the U.S. dollar demonstrated the worse performance, therefore against the greenback the Swiss currency rose.

Franc Appreciated as Deflationary Concerns Waned

Tuesday, June 29th, 2010

Swiss francThe Swiss franc advanced against the euro today to the record high level after the Swiss National Bank said that it’s not likely to intervene to prevent the franc’s appreciation.

Swiss Franc Gains as SNB Thinks Risk of Deflation Gone

Thursday, June 17th, 2010

Swiss francThe Swiss franc gained today, rising for a fourth day against the U.S. dollar, as the central bank think that the threat of the deflation has gone.


Subscribe to Forex News by E-mail:
Don't show me this offer ×