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Yen, Swiss franc surge
Yen, Swiss franc surge as DeepSeek fears hit risk appetite
NEW YORK >> The yen and the Swiss franc gained against major currencies today amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Swiss Franc Falls as Trump’s Tariff Remarks Hit Safe Havens
The Swiss franc fell to a four-month low against the euro on reduced safe-haven demand after Trump took a more cautious line on trade tariffs.
Yen and Swiss franc gain amid risk-off sentiment
The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
6h
US dollar firms against peers after Fed holds rates steady
The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as ...
Anadolu Ajansi
8h
As Israeli ban looms, Swiss-American analyst urges resumed funding for UNRWA
If UNRWA does not function, there is a huge vacuum in order to give assistance to the poor people of Gaza who have suffered.' ...
2d
Tech tailspin on China's AI drive set to hammer Wall Street
U.S. stocks were headed for a sharp drop on Monday, led by technology shares, as surging interest in Chinese startup DeepSeek ...
10h
Implicit state guarantee for UBS is worth billions, study says
Swiss bank UBS effectively benefits from a state guarantee that has reduced its costs by billions, a study from the ...
1d
USD/CHF rises to near 0.9050 as US Dollar advances due to tariff threats from Trump
USD/CHF recovers its recent losses from the previous two sessions, trading around 0.9050 during the Asian hours on Tuesday.
2d
Consumer Staples Out Of Favor: Cautious Buy For Nestlé
Nestlé faces challenges from reduced pricing power and FX headwinds, yet maintains relatively robust volumes. Learn more on ...
3d
Swiss president forecasts deficits of 3 bln francs in coming years
Switzerland's President and Finance Minister Karin Keller-Sutter forecast higher annual budget deficits of around 3 billion ...
devdiscourse
3d
Switzerland Faces Budget Deficit Amid Military Expansion and Pension Hikes
Switzerland's President Karin Keller-Sutter predicts a 3 billion Swiss Franc annual budget deficit in the coming years, ...
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