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.
IMF — News Archive
Swiss Franc Mixed After IMF Report
May 22nd, 2013 at 1:05
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.
Won Suffers from Global Economic Growth Concerns
April 18th, 2013 at 8:42
The South Korean won declined today as concerns about global economic slowdown made investors pull their capital away from riskier assets.
Aussie Recovers After Big Drop
April 18th, 2013 at 3:57
The Australian dollar recovered a bit today against the US dollar and the Japanese yen after yesterday’s big drop. The decline was caused by weakness of commodities and stocks that followed the International Monetary Fund’s economic forecast of this year.
Loonie Loses Strength as Growth Projections Lowered
April 17th, 2013 at 19:09
The Canadian dollar dropped against safer currencies today as both the Bank of Canada and the International Monetary Fund revised negatively their projections of Canada’s economic growth. The loonie managed to outperform the euro.
Dollar, Yen Rise on Safe Haven Demand
April 17th, 2013 at 16:42
US dollar and Japanese yen are both gaining ground today, rising on safe haven demand. Concerns about the global economy are weighing on commodities and high beta currencies, and that is helping safe haven currencies.
Indonesian Rupiah Advances as IMF Boosts Japan’s Forecast
April 17th, 2013 at 9:55
The Indonesian rupiah appreciated today as the International Monetary Fund boosted its forecast for Japan’s economic growth, improving prospects for Indonesian exports.
Yuan Hits Record Ahead of G-20 & IMF Meetings
April 17th, 2013 at 9:16
The Chinese yuan posted the biggest gain in four months and reached the record high today as the central bank raised the daily fixing and policy makers suggested that the currency will be allowed to trade in broader range.
Dollar Fluctuates as US Politicians Temporary Remove Debt Ceiling
January 23rd, 2013 at 22:08
The US dollar fluctuated today after lawmakers voted to remove the debt ceiling temporary. The debt ceiling issue was spoiling the traders’ mood and without it traders felt confident enough to part with the dollar. Yet not all news was good and that allowed the greenback to retain some of its strength.
Euro Loses Ground on Risk Aversion
January 03rd, 2013 at 15:05
Euro is heading lower today, losing ground as risk aversion returns to the Forex market. Concerns about the next big budget battle in the United States are already surfacing, and that is weighing on risk appetite, and sending the euro lower.
