This should however represent more of a stock effect than flow, and without resolution of bigger CHF supports (policy convergence, Greek gridlock), EURCHF may struggle to extend the latest rally. Nevertheless, uncertainty is certainly …
So rock, paper, scissors, the stock market decline, and political uncertainty ... Although the gain against the EUR was less than other currencies, the move in the EURCHF sent the price below the 1.0800 level which many thought was a …
NEW YORK (Reuters) - Stock markets fell worldwide on Friday as results from ... straight day and was set for its largest monthly drop in six years against the euro (EURCHF=). U.S. Treasury yields fell. Other data showed that U.S. labor …
EURCHF is down 0.1% at 1.0690 ... Japan's Nikkei (up 1.2%) led Asian stock markets higher while strength in Europe's periphery has Greece's ASE (up 1.9%) and Italy's MIB (up 1.4%) out in front. Chinese markets were closed in …
Swiss stock markets plunged by more than 10pc after the announcement ... "If the SNB thought that it could make this adjustment in an orderly manner, then it has failed miserably. The EURCHF market has basically shut down so far this …
ZURICH, July 1 (Reuters) - The pace of recovery in Switzerland’s manufacturing industry eased in June for ... has been rallying to record levels against the euro. EURCHF= The Swiss National Bank last month upped its growth forecast for …
To avoid undermining their own EURCHF efforts, the SNB would have to use its non-Euro FX holdings to make this purchase. That has raised worries that the floor can only hold while the SNB has the stock of FX needed to maintain it …