Browsing: SNB

Swiss Franc weakens as SNB cuts rates from 1.50% to 1.25%, with potential for another cut in September. USD/CHF jumps…

The Swiss National Bank (SNB) board members decided to cut the benchmark Sight Deposit Rate by 25 basis points (bps)…

USD/CHF declines as the Swiss Franc appreciates against the US Dollar.  An upwards revision to Swiss economic growth forecasts supports…

Swiss National Bank (SNB) Chairman Thomas J. Jordan speaks at the SNB’s General Meeting of Shareholders on Friday. Jordan said…

ZURICH (Reuters) -The Swiss National Bank (SNB) is raising the minimum reserve requirement for domestic banks, it said on Monday,…

ZURICH (Reuters) – The Swiss National Bank (SNB) has to spend billions of dollars on foreign exchange to keep the…

ZURICH (Reuters) – Switzerland’s economy likely performed slightly better during the January-March period than in the prior quarters, the Swiss…

Investing.com– Gold prices fell in Asian trade on Friday, retreating further from record highs hit this week as a sharp…

By Rae Wee SINGAPORE (Reuters) – Asian stocks were near a weekly gain on Friday and the Nikkei charged to…

The Swiss Franc weakens after the Swiss National Bank decides to cut interest rates from 1.75% to 1.50%.  The move…