January 11th, 2010 at 17:55
Swiss Franc
The Swiss currency had its previous week rally versus currencies like the pound and the euro halted today after the national central bank took a position against further advances of the franc, as the current appreciation was considered excessive by SNB officials.
December 18th, 2009 at 20:46
Swiss Franc
The Swiss franc, considered a refuge currency, benefited today from a rather risk averse scenario and gained versus several currencies, declining below less than 1.50 line versus the euro for the first time since March.
November 26th, 2009 at 18:25
Swiss Franc
After touching parity and gaining further versus the U.S. dollar, the Swiss franc declined today versus virtually all 16 main traded currencies, as speculations indicate that the national central bank sold the currency to halt its rally.
November 19th, 2009 at 22:31
Swiss Franc
The Swiss currency lost against most of the 16 main traded currencies as speculations suggests that the country is likely to tighten its financial regulations, decreasing attractiveness for the franc.
July 21st, 2009 at 13:54
Swiss Franc
The Swiss central bank widened its foreign currency holdings in order to prevent the national currency to continue its rally, being the current foreign reserves in Switzerland the highest in twelve years.
January 23rd, 2009 at 8:42
Swiss Franc
The appeal for the stock markets declined and the low-yielding assets became more attractive, boosting the demand for the Swiss franc against the Euro for a second day, today.
November 06th, 2008 at 15:16
Swiss Franc , Euro, Great Britain Pound
The Europe’s currencies posted a daily drop against the U.S. dollar after showing a moderate volatility during the early trading session after the regional central banks cut the interest rates at an unexpectedly large scale.
June 19th, 2008 at 11:05
Swiss Franc
The Swiss National Bank decided to keep the country’s main interest rate at its 6-year highest value facing the risks of both a higher inflation rate and a slower economic growth.
March 24th, 2008 at 20:19
Swiss Franc , Japanese Yen
The Japanese yen declined today from its recent high values against the U.S. dollar, pound and euro as the global stock markets gained and the high-yielding assets looked more attractive than on the last week.
December 13th, 2007 at 13:53
Swiss Franc
Swiss National Bank chose to keep the national three-month Libor (interest rate) unchanged at 2.75% after it was increased by 0.25% back in September 2007. After this announcement Swiss franc gained a little against all other major currencies except the Japanese yen.
