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In a decisive action, the Swiss National Bank (SNB) reduced its key interest rate by 50 basis points, a move that was not widely anticipated. The rate cut, announced on Thursday, brought the benchmark...
The Swiss franc fell sharply following an unexpected interest rate cut by the central bank. The currency fell to its weakest level in over two weeks, reaching 0.9344 per euro. The franc has stood out...
The Swiss National Bank (SNB) executed its largest interest rate cut in nearly a decade on Thursday. The central bank's decision to reduce its policy rate by 50 basis points, from 1.0% to 0.5%, marks...
On Monday (NASDAQ:MNDY), BofA Securities Global Research provided insights into the Swiss Franc (CHF), indicating a potential for renewed weakness against other currencies. The firm acknowledges...
In what can be seen as a global political trend towards vacating the political centre by democracies around the world, Germany’s fragile coalition government – led by the Social Democrats...
Investing.com -- The euro suffered a meltdown against the dollar on Wednesday as Donald Trump's decisive election victory and the likely prospect of a 'red sweep' are expected to extend the era U.S....
Investing.com -- UBS economists expect the Swiss National Bank (SNB) to continue its easing cycle with two anticipated rate cuts in December 2024 and March 2025. These adjustments, expected to lower...
By Mike Dolan LONDON (Reuters) -The fashionable idea that the world economy has arrived in a new more inflationary regime post-pandemic may ring hollow in Switzerland - one small vignette questioning...
UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy's soft landing has been favorable for the Euro, but...
BofA Securities analysts have highlighted the Swiss National Bank's (SNB) recent intervention in the foreign exchange markets, which aimed to weaken the Swiss franc (CHF) amidst significant market...
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