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.
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 ...
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 remained the best performing major currency of 2020. However, some fundamental indicators reveal that CHF may be overvalued.
Read our prediction for the Swiss Franc in 2020 today and find out how WorldFirst can help you with your international payments needs.
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.
The Swiss National Bank plans to pay out 2 billion Swiss francs (1.57 billion po...
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 ...
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 ...
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.
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. ...
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.
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 ...
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
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. ...
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 ...
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.
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.
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 ...