Money in Motion

Swiss Franc Slides, Euro Lifts

A Swiss rate cut dents the franc and Europeans go shopping — it's time for your FX Fix.

The Swiss franc tumbled after the Swiss National Bank vowed to slash interest rates. [WSJ]

The euro rose on solid retail sales and the Swiss rate cut. [RTT]

Get ready for more volatility in the currency market. [WSJ]

Japan's prime minister called for central bank intervention to stem the yen's rise. [Reuters]

Asian currencies, especially the South Korean won and the Malaysian ringgit, slumped on worries about global economic growth. []


Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.

"Money in Motion Currency Trading" repeats on Saturdays at 7pm.