Franc, Switzerland, Swiss franc, Swiss National Bank, Legal tender, Centime

CORRECTED-INSTANT VIEW 2-U.S. labels Switzerland, Vietnam currency manipulators

Le Dec 16, 2020
@swissbusiness a partagé
INSTANT VIEW-U.S. labels Switzerland, Vietnam currency manipulators - Reuters UK https://t.co/gby41M5uT2
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The U.S. Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added Taiwan, Thailand and India to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar.

uk.reuters.com
Le Dec 16, 2020
@swissbusiness a partagé
INSTANT VIEW-U.S. labels Switzerland, Vietnam currency manipulators - Reuters UK https://t.co/gby41M5uT2
Open

CORRECTED-INSTANT VIEW 2-U.S. labels Switzerland, Vietnam currency manipulators

CORRECTED-INSTANT VIEW 2-U.S. labels Switzerland, Vietnam currency manipulators

The U.S. Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added Taiwan, Thailand and India to a watch list of countries it suspects of taking measures to ...

Schweizerische Nationalbank : Switzerland Loses Grip on World's Lowest Borrowing Costs -- Update

Schweizerische Nationalbank : Switzerland Loses Grip on World's Lowest Borrowing Costs -- Update

By Caitlin Ostroff Switzerland's bond yields have shot higher than those of Germany for the first time in years, causing the financial haven to lose its long-held position as the ...

The Swiss Franc Is Overvalued

The Swiss Franc Is Overvalued

The Swiss Franc remained the best performing major currency of 2020. However, some fundamental indicators reveal that CHF may be overvalued.

What do we think will happen to the Swiss Franc in 2020?

What do we think will happen to the Swiss Franc in 2020?

Read our prediction for the Swiss Franc in 2020 today and find out how WorldFirst can help you with your international payments needs.

Analysis-U.S. currency manipulator tag for Switzerland unlikely to deter FX approach

Analysis-U.S. currency manipulator tag for Switzerland unlikely to deter FX approach

Being named a currency manipulator by the U.S. Treasury may be an embarrassment for Switzerland, but the tag will likely have little effect on the Swiss National Bank's monetary policy.

Governments may get windfall as Swiss National Bank posts big profit

Governments may get windfall as Swiss National Bank posts big profit

The Swiss National Bank plans to pay out 2 billion Swiss francs (1.57 billion po...

Swiss National Bank intervenes heavily to weaken Swiss franc

Swiss National Bank intervenes heavily to weaken Swiss franc

Official data recently released by the Swiss National Bank (SNB) show it sold 51.5 billion Swiss francs while acquiring US dollar and euro-denominated assets in a bid to weaken the franc ...

Swiss National Bank swings to profit in second quarter

Swiss National Bank swings to profit in second quarter

The Swiss National Bank posted a second-quarter profit of 39 billion Swiss francs ($43 billion), it said on Friday, as a stock market rally boosted the value of its foreign currency ...

Swiss Franc "Seen as the Ultimate Safe Haven" Amidst Coronavirus Scare, but is Becoming Increasingly Pricey

Swiss Franc "Seen as the Ultimate Safe Haven" Amidst Coronavirus Scare, but is Becoming Increasingly Pricey

The Swiss Franc is being touted as being the ultimate safe haven in the current virus-driven market sell-off which suggests further upside is likely if anxieties continue.

Strong Gains for SNB in First Half

Strong Gains for SNB in First Half

The central bank made a huge profit in the first half as the prices of equities and gold appreciated strongly. The value of the franc is keeping the bank on its toes. ...

Coronavirus fears push Swiss franc to 4-1/2 year high

Coronavirus fears push Swiss franc to 4-1/2 year high

The Swiss franc climbed to its highest since July 2015 against a struggling euro on Monday as concerns about the spread of the coronavirus drove investors into safe-haven assets.

Analysis-US currency manipulator tag for Switzerland unlikely to deter FX approach

Analysis-US currency manipulator tag for Switzerland unlikely to deter FX approach

Being named a currency manipulator by the U.S. Treasury may be an embarrassment for Switzerland, but the tag will likely have little effect on the ...

SNP Jordan: Switzerland is not a currency manipulator. Coronavirus plays role in Franc rise

SNP Jordan: Switzerland is not a currency manipulator. Coronavirus plays role in Franc rise

Jordan: Switzerland is not a currency manipulator The Trump administration put Switzerland on the currency watchlist as a currency manipulator. The Swiss National Bank denies that and ...

Swiss Franc Outlook Hinges On Market Reaction To EU Recovery Fund Proposals

Swiss Franc Outlook Hinges On Market Reaction To EU Recovery Fund Proposals

Swiss Franc Outlook Hinges on Market Reaction to EU Recovery Fund Proposals

Swiss National Bank posts third-quarter profit of 14.3 billion francs

Swiss National Bank posts third-quarter profit of 14.3 billion francs

The SNB made a profit of 12.04 billion francs from its foreign currency positions, which include shares and bonds it bought with Swiss francs to weaken the safe-haven franc currency. ...

Coronavirus triggers record losses for Swiss central bank

Coronavirus triggers record losses for Swiss central bank

ZURICH — The Swiss National Bank reported a record quarterly loss of 38.2 billion Swiss francs ($39.34 billion) on Thursday as the coronavirus crisis pummeled the value of its foreign ...

Crisis Costing Swiss Economy $11-17 Billion Per Month: Central Bank Chief

Crisis Costing Swiss Economy $11-17 Billion Per Month: Central Bank Chief

The head of the Swiss Nation Bank, Thomas Jordan, said the crisis was weighing heavily on the Swiss economy, which was currently functioning at just 70-80 percent of its normal level.

The Swiss Battle to Cheapen the Franc

The Swiss Battle to Cheapen the Franc

Jim Rickards brings you back to the Swiss National Bank’s latest currency manipulation. Why is the Swiss franc a superior haven to the dollar? And will the manipulation work? Read on.

Thomas Stucki: «Is the Swiss Franc Really Expensive?»

Thomas Stucki: «Is the Swiss Franc Really Expensive?»

The recent appreciation of the Swiss franc is exaggerated and the central bank will intervene if need be, says Thomas Stucki. And still, the question remains how expensive the franc really ...