EUR/CHF — News Archive

Swiss Franc Drops as Jordan Speaks About Negative Interest Rates & Franc Cap

The Swiss franc dropped today as Swiss National Bank President Thomas Jordan talked about possibility of negative interest rates and shifting of the cap on the franc.

Swiss Franc Mixed After IMF Report

The Swiss franc fell against the euro today, extending yesterday’s drop. The currency recovered a bit against the US dollar following the decline on the previous session and advanced versus the euro.

Swiss Franc Gains Despite Falling Economic Expectations

The Swiss franc gained yesterday and remained little-changed today against the US dollar and the euro even as economic expectations were worsening. The currency traded sideways versus the Japanese yen.

Franc Remains in Downtrend as Fundamentals Do Not Change

The Swiss franc weakened today as the economic situation in Switzerland remained the same, giving the Swiss National Bank few reasons to drop the cap on the exchange rate.

Swiss Franc Weak on Signs SNB Wants to Preserve Ceiling

The Swiss franc fell on signs that the Swiss National Bank will preserve the cap on the currency as the economy does not recover fast enough to warrant changes to the current policies.

Swiss Franc Gains on Signs of Stabilizing Economy

The Swiss franc rose today on signs that Switzerland economy stabilized, giving hope that the Swiss National Bank will drop its cap on the currency sometime in the future.

Swiss Franc Strong Even as SNB Maintains Ceiling

The Swiss franc jumped today even after the Swiss National Bank maintained the cap on the currency and signaled that the exchange rate is still high.

Signs of Economic Growth Make Traders Part with Franc

The Swiss franc declined today, further moving away from the cap of 1.20 francs per euro, set by Swiss National Bank. Demand for the currency as a safe haven was limited among signs of economic growth in the United States.

Franc Mixed as Swiss Economy Expands

The Swiss franc fell versus the US dollar and rose against the euro today. The Swiss economy unexpectedly grew last quarter, suggesting that the strong currency is not that detrimental to economic growth.

Franc Rises Despite Wishes of Swiss Policy Makers

The Swiss franc rallied today even as Swiss policy maker were complaining about the strength of the currency, hinting that they are going to keep the franc weak. The currency erased gains versus the euro and fell against the yen.

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