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Showing 11 - 20 of 51 results for "Swiss Franc"

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
Francly my dear, it couldn't have come soon enough. No Virginia, that wasn't a typo for the Swiss franc is back in the news again. As Bloomberg reports, "The franc fell against all but one of its 16 major peers Friday." "The franc dropped 0.7 percent ...

Fedcident waiting to happen?

BENJAMIN ONG  |  FRIDAY, 26 JUN 2015
... from simmer to boil) and way below the 2015 high of 22.39 (when the Swiss National Bank abandoned its defense of the Swiss franc - 15 January). Yup, the SNB brought more fear in the market - not one expected it - than this long-running (now in its fifth ...

Cheap talk, cheaper money

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2015
They talk the talk but aren't walking the talk. This is what I walk out with after poring through the American Association of Individual Investors' (AAII) sentiment and asset allocation surveys conducted in the last week of March. In its 2 April report ...

Market Wrap AM

AAP  |  WEDNESDAY, 21 JAN 2015
... the third month in a row in January, shrugging off the market turmoil sparked by the Greek political crisis and the Swiss franc shock, a survey found on Tuesday. HONG KONG - Asian markets have mostly risen after China released data showing its economy ...

So sure it's certain

BENJAMIN ONG  |  MONDAY, 19 JAN 2015
... that it bet its house when it removed the CHF1.20 per euro ceiling last week. The resulting sharp appreciation of the Swiss franc to CHF0.9943 (currently), puts the Swiss chalet in danger of a collapse in exports (which accounts for almost 70% of their ...

Market wrap

AAP  |  FRIDAY, 16 JAN 2015
... surprise move by the Swiss central bank to strengthen its currency. "We're all digesting the shock of the moves in the Swiss franc overnight - that's the talk of all the trading desks," CMC Markets market strategist Michael McCarthy said. "But I think ...

SNB dismantles defense

BENJAMIN ONG  |  FRIDAY, 16 JAN 2015
... bank would no longer hold the 1.20 line versus the single currency. The currency market's reaction was swift - the Swiss franc soared by as much as 41% vis-A -vis the euro to 85.17 centimes - the highest level since the introduction of the euro -- before ...

Market Wrap AM

AAP  |  TUESDAY, 11 FEB 2014
... added 0.21 percent to 4,237.13 points. The euro edged up to $US1.3642 from $US1.3637 late in New York on Friday. The Swiss franc, which Switzerland's central bank held down at the height of the eurozone debt crisis, eased slightly to 1.2235 to the euro ...

Emerging market turmoil is a buying opportunity

MARK SMITH  |  MONDAY, 3 FEB 2014
... to benefit from any further depreciation of the Australian dollar against the US dollar, Euro, pound sterling and Swiss franc.

Down, down, dollar down

BENJAMIN ONG  |  MONDAY, 13 MAY 2013
... that the central bank has intervened in the currency markets to slow the NZ$'s ascent), eight-month highs against the Swiss franc, and, of course, to 10-month highs against the Australian dollar. No prizes for guessing but it's this combination of factors ...