The risk aversion that blew through foreign-exchange markets in Asia on Wednesday all but dissipated by the European morning, ...
The safe-haven Japanese yen and Swiss franc stood tall on Wednesday as an aggressive tech-led selloff on Wall Street spilled over into Asia. The U.S. dollar remained relatively well bid, supported ...
Swiss National Bank said on Monday its 2021 profit rose to 26.3 billion Swiss francs ($28.57 billion), boosted by earnings ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
Colonialism began as a mercantilist enterprise, with companies establishing trading posts along the ocean coastlines in the warm waters of the tropics. They used whichever medium of exchange was most ...
Japan’s margin traders have ramped up bearish bets on the Swiss franc to a record high as they look to profit from a ...
Why did the SNB cap the franc’s value? During the eurozone’s debt crisis, the Swiss franc, long considered a safe haven in times of stress, appreciated sharply against the euro. That threatened the ...