Swiss Central Bank Recoups Some Losses in First Quarter as Franc Weakens

By Joshua Kirby The Swiss National Bank recovered to a sizeable profit in the first months of the year as the alpine nation's currency weakened, reversing some of the heavy losses booked over the pas

WSJApr 25 03:30 ET

Swiss National Bank's Martin Celebrates Success of FX Intervention as Policy Tool

A Swiss National Bank official said Thursday that foreign exchange intervention is a well-established instrument of monetary policy and without it, interest rates would have had to rise much further than they have in order to rein in inflation.

MT NewswiresApr 19 04:43 ET

Swiss Economy to Gradually Rebound as Interest Rates Fall, IMF Says

Switzerland is expected to see a gradual recovery in its economic growth after the country's low inflation allowed the Swiss National Bank to begin monetary policy easing ahead of its peers.

MT NewswiresApr 17 03:46 ET

State Street And Citigroup See Franc Replacing Yen for Carry Trades

Traders are starting to turn to the Swiss franc as the top choice for funding carry trades instead of the yen, potentially alleviating pressure on the Japanese currency.

BNN BloombergApr 3 05:04 ET

Swiss Monthly Retail Sales Down 0.1% in February

Retail sales in Switzerland fell 0.1% month over month in February, following a revised 0.8% growth in January, provisional data from the country's Federal Statistical Office showed Tuesday.

MT NewswiresApr 2 02:47 ET

Swiss Franc Trust To Go Ex-Dividend On April 1st, 2024 With 0.00416 USD Dividend Per Share

March 29th - $Swiss Franc Trust(FXF.US)$ is trading ex-dividend on April 1st, 2024. Shareholders of record on April 2nd, 2024 will receive 0.00416 USD dividend per share on April 8th, 2024. The ex

moomoo NewsMar 28 20:50 ET