-
Swiss franc continues slide amid intervention speculation
The Swiss franc fell against the other major currencies on Thursday, extending the broad based decline seen in recent sessions amid heightened expectations for further intervention by the Swiss National Bank against the currency. USD/CHF was up 1.57% to 0.9185, the strongest level since January 15. EUR/CHF added 1.58% to trade at 1.0374. The franc has weakened this week, pressured lower by expectations that the SNB will intervene in the market to prevent the appreciation of the currency. On Tuesday, SNB Vice President Jean-Pierre Danthine said it was still “fundamentally prepared” to intervene in currency ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 29, 2015 6:24am Jan 29, 2015 6:24am
- upasna
- | Joined May 2011 | Status: Member | 801 Comments
- Comment #2
- Quote
- Jan 29, 2015 6:48am Jan 29, 2015 6:48am
- adityalk
- | Commercial Member | Joined Feb 2012 | 6 Comments
- Comment #3
- Quote
- Jan 29, 2015 7:33am Jan 29, 2015 7:33am
- 17607
- | Joined May 2014 | Status: Member | 291 Comments
- Comment #4
- Quote
- Jan 29, 2015 4:57pm Jan 29, 2015 4:57pm
- Abhimanyu
- | Joined Jan 2013 | Status: Member | 328 Comments
- Comment #5
- Quote
- Jan 29, 2015 5:37pm Jan 29, 2015 5:37pm
- pippiphooray
- | Joined Jul 2008 | Status: Member | 324 Comments