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USD/CHF Rebounds from a Five Month Low, Edges Higher Near 0.8620

Wednesday, 20 December 2023 23:22 WIB | Root

USD/CHF recovers from the five-month low at 0.8593 level as US Dollar (USD) attempts to retrace its recent losses. The USD/CHF trades higher near 0.8620 during the European session on Wednesday. However, the US Dollar (USD) is feeling the heat following hints from the Federal Reserve (Fed) in last...

Sterling Volatile, Norwegian Crown Surges and Swiss Franc Falls on Rate Hikes

Friday, 23 June 2023 01:57 WIB | Root

Sterling was volatile, the Swiss franc fell and the Norwegian crown surged on Thursday after Bank of England (BoE), the Swiss National Bank (SNB) and Norges Bank all hiked their benchmark interest rates. The BoE's Monetary Policy Committee (MPC) voted 7-2 to raise its main interest rate to 5%...

Swiss Franc Falls, Norwegian Crown Surges after SNB, Norges Hikes

Thursday, 22 June 2023 22:59 WIB | Root

The Swiss franc fell on Thursday after the Swiss National Bank (SNB) hiked its benchmark interest rate, while the Norwegian crown surged after a bolder Norges Bank move. The SNB raised its benchmark interest rate by 25 basis points to 1.75%, defying some market expectations of a bigger...

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