USD/CHF: Swiss Franc Converges with its MAs - Action Forex
USD/CHF: Swiss Franc Converges with its MAs For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9890. In the Asian session, at GMT0400, the pair is trading at 0.9887, with the USD��.
Today is a very good day to have a pocket full of Swiss francs
SWITZERLANDS CENTRAL BANK today scrapped a three-year bid to hold down the value of its currency against the euro, in a shock announcement that set off panic in the markets. Minutes after the bank said it was��.
Swiss scrap upper limit on franc, cut Libor target 50 bps.
Switzerlands central bank scrapped its cap on the exchange rate of the Swiss franc against the euro and slashed the rate on large bank deposits and its benchmark 3-month Libor rate by a further 50 basis points to minus 0.75��.
Swiss Franc Goes Off Euro - January 15, 2015 - Zacks.com
This morning, the Swiss National Bank has made the surprise decision to remove its long-standing exchange rate of 1.20 Swiss francs to 1 euro. This jolt to the Eurozone sent Swiss stocks falling 11 percent.
Watch Swiss franc break out - NBC News.com
Boris Schlossberg, BK Asset Management, shares his outlook on oil and the Swiss franc.
Swiss bank chief defends abandoning currency cap ��� business live
In another volatile day, stock markets plunged after the Swiss bank abandoned its currency cap against the euro, before regaining lost ground and pushing into positive territory, writes Nick Fletcher. The exception was the Swiss market itself, which.
Everyone Loves The Swiss Franc So Much That Its A Problem
The franc rose to its strongest level since September 2012 on Friday, brushing up against the 1.20 euro limit the Swiss National Bank introduced in 2011.
Swiss Franc Reverses Its Gains In The Asian Session
In the Asian session, at GMT0400, the pair is trading at 1.0193, with the USD trading a tad higher from yesterdays close. The pair is expected to find support at 1.0140, and a fall through could take it to the next support level of 1.0087. The pair is.
DSM Shares Drop as Swiss Franc Threatens to Increase Costs
The Swiss National Bank scrapped its minimum exchange rate today, sending the franc to a record against the euro. DSM has five nutritional-ingredient facilities, two research centers and a composite plant in Switzerland, and ING analyst Filip de Pauw.
Switzerland shifts to negative interest in bid to weaken Swiss franc
���From a political standpoint, the SNB has a clear agenda to weaken the [Swiss franc]. This seems to be the policy of choice for a number of other central banks including the Bank of Japan, and even the ECB can see the benefits of a lower currency.
Europe Demands Banks Hand Over Their Lunch Money.
And dont do it again! Having confirmed that RBS, UBS, JPMorgan,,and Credit Suisse operated a cartell to manipulate bid-ask spreads of Swiss Franc libor, the European Commission has unleashed unmerciless vengeance��.
Swiss Franc Exchange Rate Trends Lower Vs Pound and Euro.
Exchange Rate Forecasts and News for the Swiss Franc to Pound Sterling, Euro and US Dollar for Todays Forex Markets A quick foreign exchange market.
Poland can withstand up to 50 pct hike in SWISS FRANC-regulator
WARSAW Jan 15 (Reuters) - Polish financial regulator KNF said on Thursday that even a 50 percent surge in the value of the Swiss franc against the zloty would not pose a significant increase in risks for the Polish banking sector. Tests conducted by.
Richemont shares see-saw on results and Swiss franc
TRADING in Richemont shares was highly volatile on Thursday after the Swiss franc soared unexpectedly, sending the stock shooting up nearly 13% on the JSE, which wiped out earlier losses that were the result of a disappointing third-quarter sales update.
Thursday Freak-Out ��� Swiss Franc Jumps 20% in One Hour.
That one was more luck than skill as the Swiss National Bank made a VERY SURPRISING announcement that they were removing their 3+-year currency peg to the Euro and that sent the EUR/CHF pair from the usual 1.20 all��.
Swiss franc surges after scrapping euro peg
Swiss stock markets plunged by more than 10pc after the announcement, while the euro-franc currency market descended into disarray. The SNBs move was especially staggering since its president Thomas Jordan had vowed to defend [the peg] with utmost .
Swiss Franc Crash Leading Some Brokers to Halt Trading in CHF Pairs
GAIN Capitals Forex.com suspention of trading in Swiss francs made it to the general news headlines as Reuters quoted Kathleen Brooks, research director at Forex.com who said: ���Were just waiting for our liquidity providers to come back and say they.
Swiss Franc Trading Above Its MAs | Investing.com
Forex Analysis by GCI Financial covering:. Read GCI Financials Forex Analysis on Investing.com.
Forex update: Swiss franc falls to parity versus US dollar
Swiss franc aims 0.9021 in case of a correction off channel resistance. Upward, 1.040 will be the first stop.
SWISS FRANC soars after central bank action - BlackListed News
The franc soared against the euro and Swiss stocks plunged more than 13 percent by midday after the removal of the Swiss franc-euro floor was announced by the central bank. After appreciating more than 30 percent,��.
Video: Swiss Franc Soars After SNB Scraps Currency Cap
The Swiss franc rocketed beyond parity with the euro on Thursday after Switzerlands central bank stunned markets by scrapping its long-standing cap on the strength of the currency. Wall Street Journals Katie Martin and Paul Hannon discuss the reasons .
Swiss franc rockets up, global stocks make gains
London ��� The Swiss franc soared against the euro and dollar on Thursday after the countrys central bank abandoned its currency peg. Stock markets around the world and the price of oil swung higher too. KEEPING SCORE: In Europe, Britains FTSE 100 rose .
The Swiss Franc jumps 16% against the Romanian Leu in one day
The exchange rate for the Swiss Franc (CHF) jumped as much as 40% against the Romanian leu (RON) on the interbank market, on Thursday noon, January 15, to RON 5.35/CHF, according to live data available on Yahoo Finance. The official exchange rate .
The SWISS FRANC: global reserve or gourmet currency? - SWI.
As Russia considers dropping the dollar, could the Swiss franc become the worlds reserve currency?
BRIEF-IG Group says impact from Swiss Franc movement not to exceed 30 mln stg
Jan 15 (Reuters) - IG Group Holdings Plc : * Statement on Swiss Franc movement. * Precise level of impact will be partially dependent on companys ability to recover client debts, but in total will not exceed 30 million pounds from market and credit.
Video: What does the end of the Swiss franc cap mean?
Jim Armitage takes a look at the ramifications of the Swiss central banks decision to abandon its three year programme to cap the exchange rate between the Swiss franc and the euro, or Francageddon as its been dubbed by the banking world.
SNB slaps charge on SWISS FRANC stockpilers - SWI swissinfo.
The growing allure of the franc for international investors has forced the Swiss National Bank (SNB) to introduce negative interest rates as it.
Swiss Franc Surges as Gold Jumps - Ya Libnan
The Swiss franc strengthened to a record against the euro after the central bank ended its minimum exchange rate. Swiss stocks tumbled and shares from Germany to the U.K. rebounded with gold, while U.S. equity futures��.
SWISS FRANC jumps as SNB abandons ceiling versus euro
LONDON: Switzerlands franc soared by almost 30 per cent in value against the euro on Thursday after the Swiss National Bank abandoned its three-year old cap at 1.20 francs per euro. In a chaotic few minutes on markets after the SNBs announcement, the .
SWISS FRANC rises sharply after central bank removes euro cap
LONDON (MarketWatch) -- The Swiss franc surged after Switzerlands central bank said Thursday it is scratching its minimum exchange rate of 1.20 Swiss francs to the euro. The Swiss currency CHFEUR, +15.60% quickly rose above parity against the euro, .
Why The Swiss Franc Shot Up 30% In A Morning
���This,��� says James Stanton, head of foreign exchange at deVere Group, ���is the biggest FX shocker in years.��� He is referring to the extraordinary climb of 30% by the Swiss Franc, one of the worlds most important safe haven currencies, against the euro.
Gold, Swiss Franc Fall After Swiss Referendum - Business.
TOKYO (Reuters) - Gold prices fell the most in more than three weeks and the Swiss franc dipped slightly on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum. The measure��.