Speaking at the World Economic Forum in Davos, Martin Senn, CEO of Zurich Insurance Group, says the Swiss National Bank's move to end the Swiss franc's euro peg was a "surprise" to the world.» Read More
Safe haven is a lovely term indicating that an asset class, bank or company is rock solid, reliable and dependable. After years of financial crisis a safe haven asset feels like a port in a storm and investors have flocked into so-called safe haven assets like U.S., German and UK government debt.
As the euro zone crisis grinds on, the pressure on the Swiss franc's peg to the euro is intensifying.
Investors cover short positions in riskier currencies and the Swiss vow to keep the franc's peg — it's time for your FX Fix.
In case you're feeling short on bad news from the euro zone, this strategist is watching an ominous capital shift.
Philipp Hildebrand, the former chairman of the Swiss National Bank, is joining BlackRock as vice-chairman and will oversee the firm’s largest institutional client relationships outside of the U.S., the FT reports.
Stimulus hopes lift the euro and China's rate cut makes the Aussie jump - it's time for your FX Fix.
If the euro zone collapses, the Swiss flag carrier—Swiss International Airlines—would "lose competitiveness altogether," Harry Hohmeister, CEO of Swiss International Airlines told CNBC at the SwissMediaForum.
The Swiss franc's peg comes under pressure and the euro takes a breather - it's time for your Friday FX Fix.
Europe is scary right now, no question. Here's how one strategist plans to take shelter from the storm.
The euro's status as a reserve currency has provided key support. But it may not be as deep as it seems.
The Bank of Japan stays pat and a trade surplus grows in China - it's time for your FX Fix.
Euro zone worries mount and Malawi has a currency problem - it's time for your FX Fix.
Economic hopes are set to lift the buck and the Swiss National Bank gets no respect - it's time for your FX Fix.
The dollar stays aloft and Brazil talks tough - it's time for your FX Fix.
This could be a make or break weekend for Greece, strategists say. Here's how to play the uncertainty.
The independence of the Swiss National Bank risks being compromised due to political pressure following the departure of Philipp Hildebrand as chairman, the central bank’s acting chairman has warned, the Financial Times reports.
A sudden and brief move lower in the Swiss franc has traders blaming human error.
The Swiss franc rose on the resignation of the Swiss National Bank's chairman, and this strategist sees a trade.
Funny what a European debt crisis can do to the appeal of the dollar.
The Swiss franc bounced after the Swiss National Bank president resigned, and this strategist sees a selling opportunity.