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Franc Weakens After SNB Decision
(RTTNews) - As expected, the Swiss National Bank raised its policy rate by 50 basis points to 1 percent from 0.50 percent. The franc fell against its major counterparts after the decision.
The franc was trading at 146.55 against the yen, 0.9885 against the euro, 1.1482 against the pound and 0.9300 against the greenback around 3:35 am ET.
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Pound Falls Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Friday, amid rising expectations that the Bank of England (BoE) will cut interest rates further this year.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Yen Rises Amid Risk-off Mood
The Japanese yen strengthened against other major currencies in the European session on Friday amid increased risk-off mood, as heightened concerns about the U.S. credit woes weighed on markets.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Friday.
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Pound Rises On Upbeat UK GDP Data
The British pound strengthened against other major currencies in the European session on Thursday, after the UK economy expanded slightly as expected in August on the back of the production sector.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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Yen Falls Amid Political Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Thursday, with uncertainty surrounding the Liberal Democratic Party's leadership race following its coalition split with Komeito.
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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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