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Reuters - 1 day ago

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

UPDATE 1-Swiss franc grapples with safe-haven identity crisis after Credit Suisse Swiss-centric crisis sees Swiss franc lose favour Investors shelter elsewhere, boosting gold, yen, bonds Swissie risk concentrated in Swiss economy - analyst Swiss franc's days as investment refuge are not over But currency is not an 'all-weather' haven - strategist Adds line about Switzerland's political neutrality, updates prices By Samuel Indyk LONDON, March 24 (Reuters) - The Swiss franc hasn't lived up to its
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Reuters - 1 day ago

The appearance of safety spurs very risky FX trends

BUZZ-COMMENT-The appearance of safety spurs very risky FX trends March 24 (Reuters) - Crypto currencies have surged during recent turmoil which is the opposite of what is typically seen in uncertain periods when cash traditionally heads towards safer assets, and not the gambling implied by big gains for Bitcoin, Ether and even Dogecoin - created as a joke and surely the antithesis of a safe asset.
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Reuters - 1 day ago

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

Swiss franc grapples with safe-haven identity crisis after Credit Suisse Swiss-centric crisis sees Swiss franc lose favour Investors shelter elsewhere, boosting gold, yen, bonds Swissie risk concentrated in Swiss economy - analyst Swiss franc's days as investment refuge are not over But currency is not an 'all-weather' haven - strategist By Samuel Indyk LONDON, March 24 (Reuters) - The Swiss franc hasn't lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have s
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Reuters - 2 days ago

Dollar pares losses after central banks raise rates

FOREX-Dollar pares losses after central banks raise rates Updates prices, adds analyst comment By Hannah Lang WASHINGTON, March 23 (Reuters) - The dollar pared earlier losses on Thursday after the U.S. Federal Reserve sounded close to calling time on interest rate hikes, while the Swiss National Bank and Bank of England pushed ahead with further rate increases.
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Reuters - 2 days ago

Dollar falls for sixth day as central banks join Fed in raising rates

FOREX-Dollar falls for sixth day as central banks join Fed in raising rates Updates prices, adds FX table, adds analyst comment By Hannah Lang and Samuel Indyk WASHINGTON/LONDON, March 23 (Reuters) - The dollar headed on Thursday for its longest losing streak in 2-1/2 years after the U.S. Federal Reserve sounded close to calling time on interest rate hikes, while the Swiss National Bank and Bank of England pushed ahead with further rate increases.
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