The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
SNB’s Schlegel said it still has room to cut rates again and even take rates below 0% if inflation falls too far.
The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, ...
The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
Below is a table showing 365 days of historical exchange rates data for the year of 2023, covering the Swiss Franc (CHF) to Euro (EUR) conversion. Converting Swiss Franc (CHF) to Euro (EUR ...
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According to analysts at CIBC Capital Markets, following the unexpected SNB rate cut in March, CHF shorts surged as investors... Currency exchange analysts at Rabobank forecast that due to ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.