Swiss Franc


  • Dollar slides on weak data; investors await Fed Tuesday, 17 Mar 2015 | 3:22 PM ET
    A man walks by a euro sign light installation in Vilnius, Lithuania, on Dec. 31, 2014.

    The dollar fell for a second straight day against major currencies, pressured by weak US economic data as the Fed started a two-day policy meeting.

  • Euro gains vs dollar as traders eye Fed for rate clues Tuesday, 17 Mar 2015 | 5:53 AM ET
    A cashier counts euro banknotes in Vilnius, Lithuania.

    The euro rose for a second day against the dollar on Tuesday as investors awaited the start of a two-day U.S. Federal Reserve policy meeting.

  • NEW YORK, March 16- Everest Capital, a hedge fund firm founded in 1990 that counted George Soros and Nelson Peltz as early backers, is closing six of its seven remaining hedge funds because of bad bets on the Swiss franc, according to CNBC, which cited a private letter sent to investors on Feb. 24. Everest, which overall managed more than $3 billion at the end of December,...

  • ZURICH, March 16- Switzerland's finance minister said on Monday the government may try to meet more often with the Swiss National Bank but that it had not asked the SNB to introduce a new cap on the Swiss franc. The central bank's shock decision on Jan. 15 to abandon its longstanding cap on the currency's value against the euro has raised fears for the...

  • PARIS/ ZURICH, March 16- Holcim called a halt on Monday to its merger with Lafarge, pressing the French company to renegotiate the deal terms and putting their plan to create the world's biggest cement maker at risk. But since then, diverging results, share prices and a surge in the Swiss franc against the euro have strengthened Holcim's position and led its largest...

  • Dollar closer to euro parity, DXY up about 1% Friday, 13 Mar 2015 | 3:38 PM ET

    The euro extended its losses against the greenback on Friday as it traded under $1.05.

  • Watch out Apple! Swatch joins smartwatch war   Friday, 13 Mar 2015 | 1:37 AM ET
    Watch out Apple! Swatch joins smartwatch war

    Jon Cox, head of European Consumer Equities at Kepler Cheuvreux, discusses whether the tech-enhanced timepiece unveiled by Swatch on Thursday could threaten Apple's smartwatch line.

  • Why was the SNB's dramatic rate cut a good move?   Thursday, 12 Mar 2015 | 8:00 PM ET
    Why was the SNB's dramatic rate cut a good move?

    Jonathan Webb, head of FX strategy at Jefferies, talks about the Swiss National Bank's decision to cut rates and how it relates to the weakening euro and strong U.S. dollar.

  • Dollar rally stalls, euro climbs from 12-year low Thursday, 12 Mar 2015 | 3:21 PM ET

    The euro extended gains against the dollar after surprisingly weak February retail sales data, recovering from an earlier 12-year low in Asian trade.

  • Euro slides further on record negative bond yields Wednesday, 11 Mar 2015 | 4:26 PM ET
    A cashier counts euro banknotes in Vilnius, Lithuania.

    The euro extended its unrelenting fall, dropping 1 percent to below $1.06 for the first time in 12 years as the ECB's QE program hammered bond yields.

  • Euro could fall to 85 cents against dollar: Expert Wednesday, 11 Mar 2015 | 12:04 PM ET
    Cash transaction retail

    Here's why the euro will continue to weaken, Deutsche Bank's George Saravelos told CNBC.

  • Euro falls below $1.07, lowest amount in 12 years Tuesday, 10 Mar 2015 | 3:09 PM ET

    The euro hit a 12-year low against the dollar after falling below $1.07 as the ECB continued its QE program.

  • QE effect sinks euro below $1.08, Greek worries Tuesday, 10 Mar 2015 | 6:08 AM ET

    The euro sank below $1.08 for the first time in almost 12 years, as the latest round of dollar gains brought into focus a run towards parity.

  • Dollar reaches fresh highs on data as euro tumbles Friday, 6 Mar 2015 | 3:20 PM ET

    The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.

  • Euro sinks below $1.10; USD hits 11-1/2 year peak Thursday, 5 Mar 2015 | 3:52 PM ET

    The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.

  • ZURICH, March 5- Switzerland's government will seek to coordinate more closely with the independent Swiss National Bank after the latter's shock decision to drop its cap on the Swiss franc, according to a confidential policy resolution seen by Reuters on Thursday. A government spokesman denied on Wednesday that Bern had asked the central bank to introduce a...

  • Dollar gets data boost; euro sags below $1.11 Wednesday, 4 Mar 2015 | 3:30 PM ET

    The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.

  • USD pulls back from 11-YR peak; ECB, jobs data eyed Tuesday, 3 Mar 2015 | 4:13 PM ET

    The dollar softened on Tuesday after touching an 11-year high against major currencies.

  • VIENNA, March 3- Among the "bad banks" that have emerged since the global crisis, Austria's Heta Asset Resolution stands out as a spectacular failure, brought down by setbacks ranging from the demands of accounting rules to ailing Balkan economies and a Swiss decision to let the franc surge. Questions are swirling over how things could have gone so wrong so quickly...

  • Dollar nudges 11-year high as euro gives up gains Monday, 2 Mar 2015 | 3:27 PM ET

    The dollar edged up with the greenback touching an 11-year peak despite soft economic data.