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Franc Rises Vs Most Majors Ahead Of SNB Decision
(RTTNews) - The Swiss National Bank's monetary policy announcement is due at 3:30 am ET Thursday. The central bank is set to lift the benchmark rate by 50 basis points to 1 percent.
Ahead of the decision, the franc traded mixed against its major counterparts. While it fell against the greenback, it climbed against the rest of major rivals.
The franc was worth 146.89 against the yen, 0.9856 against the euro, 1.1457 against the pound and 0.9271 against the greenback at 3:25 am ET.
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Yen Falls After BoJ Rate Decision
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged, and kept its real growth and inflation outlook more or less unchanged.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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U.S. Dollar Climbs On Powell's Comments
The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as Federal Reserve Chair Jerome Powell's comments triggered doubts about the likelihood of a rate cut in December.
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Pound Slides Amid UK Fiscal Concerns
The British pound weakened against other major currencies in the European session on Wednesday, as investors expect that UK Chancellor of the Exchequer Rachel Reeves will have to make tough decisions over where to raise taxes and reduce spending in the approaching Autumn Budget.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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Pound Falls Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Tuesday, as traders speculate that the Bank of England (BoE) is likely to deliver a 25-basis-point rate cut in November.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the early European session on Tuesday, as the U.S. Fed widely expect to lower rates by another quarter point.
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