Early Thursday morning, the Swiss National Bank shocked currency traders by letting the Swiss franc move on its own, which allowed the largest one-day move in the currency’s modern history, rising ...
Swiss inflation flatlined in November as cheaper energy and imports pressured the franc ahead of the Swiss National Bank’s ...
The International Monetary Fund (IMF) has called for the Swiss National Bank (SNB) to remove the floor it imposed in EURCHF when economic conditions normalize. The SNB imposed a SFr1.20 floor in ...
ZURICH (Reuters) - The Swiss National Bank greatly reduced its activity in foreign currency markets during 2024, according to data published on Tuesday, as the central bank relied instead on interest ...
ZURICH (Reuters) - The Swiss-made trademark on products from watches to chocolates helped export-reliant Switzerland tackle a currency shock which risked dragging it into a recession, according to a ...
WASHINGTON (Reuters) -The Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at trading partners that could complicate matters for U.S.