Tags » Swiss Franc

AUDCHF: Testing Year lows

The central bank of Australia (RBA) has highlighted the beneficial impact of the weakening dollar on the domestic economic sectors. It said the currency’s slide is actually helping in the transition of Australian economy to move into a new phase from the mining boom, besides accelerating exports. 148 more words


EURCHF: Making a six-month high

Euro zone finance ministers gave their final approval to lending Greece up to 86 billion euros after the parliament in Athens agreed to stiff conditions overnight. 217 more words


Inside The Swiss Franc LIBOR Rate Rigging Chatroom: 6 Years Of Manipulation

One of the nice things about the multitude of lawsuits and settlements surrounding the concerted effort by Wall Street’s largest banks to manipulate the world’s most important benchmark rates is they’ve produced a… 185 more words

The International Reporter

Why Switzerland’s central bank just lost $52 billion

Most banks around the world couldn’t survive losing $50 billion in six months. But most banks don’t print their own money.

The Swiss National Bank, Switzerland’s central bank, … 170 more words


The Swiss central bank suffered a record loss from the strong franc and weak gold

Unusually, Switzerland’s central bank has private shareholders and a listing on the stock exchange. Although it otherwise operates like a normal central bank, this is an important wrinkle. 299 more words

Swatch shows there's plenty of time left for non-smart watches

The numbers: Ticking along. Headline profit in the first half of this year fell by nearly 20% versus the previous year, which doesn’t sound like a great result for the Swiss watch group. 249 more words