EUR to USD
Euro to Dollar Rates Live
Last Trade Date
Time
21-Oct-18
00:00
EUR GBP
Euro to Pound Rates Live
Last Trade Date
Time
21-Oct-18
00:00
1 0 Tag Archives: snb
post icon

FOREX-Dollar inches higher as U.S. rate hike eyed despite Fed minutes

* Dollar edges higher as traders eye mid-year rate hike * Optimism for Greece debt deal caps euro losses * Dollar hits fresh over-one month high against franc (Updates prices, adds comments) By Sam Forgione NEW YORK, Feb 19 (Reuters) – The U.S. dollar edged higher against major currencies on Thursday after traders discounted Wednesday’s […]

Read full story »
February 19, 2015
post icon

FOREX-Euro rallies as traders speculate on SNB intervention

* Swiss franc at weakest vs euro since SNB scrapped cap * Euro hit overnight after Greece loses ECB safety net By Jemima Kelly LONDON, Feb 5 (Reuters) – The euro rose strongly across the board on Thursday, gaining more than 1 percent against the Swiss franc, as traders speculated that the Swiss National Bank […]

Read full story »
February 5, 2015
post icon

FOREX-Dollar up vs franc as SNB eyed but slips vs euro, yen on data

* SNB speculation, report of new exchange rate band hurt franc * Dollar falls against euro, yen on U.S. economic data (Recasts throughout; changes byline, dateline, previous LONDON) By Sam Forgione NEW YORK, Feb 2 (Reuters) – The U.S. dollar hit a more than two-week high against the Swiss franc on Monday on signs that […]

Read full story »
February 2, 2015
post icon

FOREX-Swiss franc drops to 2-week low on talk of SNB hand, informal band

(Recasts, adds fresh quotes, details) * Swiss franc weakens nearly 2 pct, talk of informal band * U.S. ISM manufacturing, Markit’s eurozone PMI in focus By Anirban Nag LONDON, Feb 2 (Reuters) – The Swiss franc hit a two-week low against the euro and the dollar on Monday, on talk that the Swiss National Bank […]

Read full story »
February 2, 2015
post icon

FOREX-Swiss franc hits 2-week low on talk of SNB involvement, informal band

(adds fresh quotes, details, updates) * Swiss franc weakens 2 pct vs euro, talk of informal band * U.S. ISM manufacturing in focus, dollar climbs vs yen By Anirban Nag LONDON, Feb 2 (Reuters) – The Swiss franc hit a two-week low against the euro and the dollar on Monday, on signs that the Swiss […]

Read full story »
February 2, 2015
post icon

Post Mortem on the Swiss Franc’s Euro-Peg

On January 15, 2015 the Swiss National Bank (SNB) announced an end to its three-year-old cap of 1.20 franc per euro. (The SNB introduced the cap in September 2011.) The SNB has also reduced its policy interest rate to minus 0.75 percent from minus 0.25 percent. The Swiss franc appreciated as much as 41 percent […]

Read full story »
January 31, 2015
post icon

Euro Climbs as SNB Says It’s Ready to Intervene; Yen Advances

The euro strengthened after a Swiss National Bank official said it remained ready to intervene in markets, sparking broader gains for the shared currency. The euro climbed against 13 of its 16 major peers even as it reversed its advance versus the franc. The yen rose against the dollar after Japan’s economy minister said neither […]

Read full story »
January 27, 2015
post icon

Goldman Sachs Goes From Bull to Bear on EUR/CHF

For the past few years, forecasting the euro against the Swiss franc was a trivial exercise. Trusting the Swiss National Bank’s commitment to support the 1.20 level between the two currencies, banks consistently rolled over their views expecting the euro to only slightly budge against its Swiss neighbor. But the forecasting all changed on Jan. […]

Read full story »
January 26, 2015
post icon

Critical ECB Meeting Looms As Euro Lies Low

As the euro tests 11-year lows against the greenback on Monday, worldwide investors await the outcome of this week’s all-important European Central Bank (ECB) meeting. Will the ECB take its most aggressive action to date to slay the beast that is deflation and save the flagging eurozone’s economy with a sufficient bond-buying program? Rate divergence […]

Read full story »
January 19, 2015
post icon

Banks Battle Speculation That Denmark’s Euro Peg Is at Risk

Banks in Scandinavia are joining the Danish government in trying to persuade offshore investors that the Nordic country isn’t about to copy Switzerland and drop its euro peg. SEB AB, the Nordic region’s largest currency trader, said it’s been fielding calls from hedge funds wondering whether Denmark might be next after the Swiss National Bank […]

Read full story »