US Dollar/Swiss Franc FX Spot Rate
Swiss central financial institution posts most significant reduction in its 116-12 months background
The Swiss nationwide flag hangs from the Federal Palace, Switzerland’s parliament setting up, in Bern, Switzerland, on Thursday, Dec. 13, 2018. The Swiss National Bank cut its inflation forecast and showed no inclination of transferring off its crisis-era configurations, citing the francs power and mounting international risks. Photographer: Stefan Wermuth/Bloomberg by means of Getty Visuals Bloomberg | […]
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Switzerland surprised markets with a rate hike. But Japan could cause a much more violent reaction
Japan’s national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Japan’s central bank is nearing an inflection point. It comes as policymakers around the world scramble to tighten monetary policy in an effort to rein in record-high inflation. The Swiss National Bank was […]
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Traders are lining up to short the British pound with a possible recession on the horizon
British Union flag, also known as a Union Jack, and an American flag at ETX Capital, a broker of contracts-for-difference. The pound has fallen more than 8% against the dollar, and is attracting short bets from traders as the British economy faces soaring inflation and a cost-of-living crisis. Chris Ratcliffe | Bloomberg | Getty Images […]
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