US Dollar/Swiss Franc FX Spot Rate
CNBC Daily Open: Financial markets seem to find their footing after digesting Israeli strikes
Smoke rises in the distance following an Israeli airstrike in Tehran, Iran, on June 14, 2025. \ Khoshiran | Afp | Getty Images Israel’s airstrikes on Iran Friday sent reverberations through financial markets. Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil producer in 2023, would be disrupted. Prices of gold, […]
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CNBC Daily Open: Israel’s conflict with Iran sends tremors through markets
Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Israel’s airstrikes on Iran Friday sent reverberations through financial markets. Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil […]
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Safe haven rush begins after Israel strikes Iran
Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The […]
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Investor appetite for the safe haven Swiss franc is causing problems for its central bank
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images U.S. President Donald Trump’s trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. One of the beneficiaries of the market volatility has been the […]
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U.S. dollar index suffers biggest drop since 2022, hits new low for the year
The ICE U.S. Dollar Index dropped sharply again on Thursday, putting the greenback on track for its worst day since 2022. The index, which measures the U.S. dollar against a basket of global currencies, was last down 1.83% to 101.02. At one point in the session, it slipped below the 101 level. This would mark […]
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Trump’s tariffs were expected to boost the dollar, but recession fears are dragging it down
The dollar began Monday on a weak note after significant losses last week due to a potentially weakening U.S. labor market, while concerns over a global trade war led investors to safe havens, lifting the yen and the Swiss franc. Bloomberg | Bloomberg | Getty Images The Wall Street conventional wisdom in November was that […]
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The biggest winners and losers in Europe as Trump announces sweeping tariffs
U.S. President Donald Trump stands, after delivering remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Leah Millis | Reuters Global markets, businesses and long-standing geopolitical relationships were thrown into disarray on Thursday, the day after U.S. President Donald Trump’s tariff policy — and Europe was not […]
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As the U.S. dollar soars, here are Europe’s biggest winners and losers
Nora Carol Photography | Moment | Getty Images The recent strengthening of the greenback could both benefit and hurt Europe, analysts say, with market watchers anticipating further weakening of the bloc’s major currencies in 2025 as President-elect Donald Trump takes office in the U.S. and economic uncertainty persists. The U.S. dollar index — which measures the greenback […]
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The Fed’s rate outlook has rattled markets. Here’s what it means for global central banks
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., Dec. 18, 2024. Kevin Lamarque | Reuters The U.S. Federal Reserve roiled markets Wednesday […]
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Is it time to short the dollar? UBS and others think so
The U.S. dollar has surged since September, but some financial institutions are suggesting investors should bet against further strength in the greenback. Investment bank UBS has taken a contrarian stance, warning investors not to chase the dollar’s recent gains. “We caution against chasing USD strength; instead, we suggest selling dollar upside potential for yield pickup,” […]
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