BASEL, July 24- Swiss drugmaker Roche confirmed its full-year sales and profit targets on Thursday as growing momentum for its new breast cancer medicines and professional diagnostics products countered the effects of a strong Swiss franc.» 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.
The currency cap the Swiss National Bank set on the franc will not be sustainable and could be withdrawn shortly, Stephen Isaacs, chairman of the investment committee at Alvine Capital told CNBC.
Sean Callow, Senior Currency Strategist at Westpac Bank remains optimistic on the euro despite German Chancellor Merkel's dismissal over potential measures euro zone leaders could adopt to support the currency.
Ready for the Greek election this Sunday? Here are the currencies to watch.
As the euro zone crisis grinds on, the pressure on the Swiss franc's peg to the euro is intensifying.
"I do think that we will see a flow into safe havens like Switzerland" after the Greek election, Megan Greene, Senior Research Analyst, Roubini Global Economics, said. She added that she didn't believe the Swiss cap on the franc's appreciation was sustainable and it may even break in the next two months.
The upcoming Greek election could determine whether Greece remains in the euro zone. Here's your trading plan.
A currency play on the euro, ahead of this weekend's elections in Greece, with Andrew Busch, BMO Capital Markets.
Investors cover short positions in riskier currencies and the Swiss vow to keep the franc's peg — it's time for your FX Fix.
If you're bearish on the global economy, avoid ETFs built around currencies of countries rich in commodities and fall back on safe-haven ones.
The EU. debt crisis has been trouble for global stocks, but it's been terrific for the U.S. dollar, and the Japanese yen . Here's how to get in on the rally.
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.
An Irish vote could spell good luck for the euro, and Swiss growth is surging - it's time for your FX Fix.
US benchmark borrowing costs plunged to levels last seen in 1946 and those for Germany and the UK hit all-time lows as investors took fright at what they see as a disjointed policy response to the debt crisis in Spain and Italy, the Financial Times reports.
CNBC's David Faber reports on the continuing concern over movement of potential deposits from smaller Spanish banks into the Swiss franc.
In a special CNBC report, Michelle Caruso-Cabrera reports on the growing economic chaos in Europe and its impact on U.S. stocks and the U.S. economy, with Jeff Kilburg, Kilburg Capital; Nigel Gault, IHS Global Insight; and CNBC's Tyler Mathisen. Also, insight on where the U.S. dollar and other key currencies stand against the euro, with CNBC's Sue Herera and a look at Britain's decision to stay out of the euro, with CNBC's Kelly Evans.
The Swiss franc's peg comes under pressure and the euro takes a breather - it's time for your Friday FX Fix.
The Greek drama plays on and the Swiss may go for the gold - it's time for your FX Fix.
Risk appetite sours on Greece and China tries to spur growth - it's time for your FX Fix.