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Forex News
Swiss Franc Rises After SNB Monetary Policy Decision
The Swiss franc strengthened against other major currencies in the European session on Thursday, despite the Swiss National Bank reduced its policy rate by a quarter-point, citing easing inflationary pressures.
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17 days ago
Swiss Central Bank Lowers Policy Rate To Zero As Expected
The Swiss National Bank reduced its policy rate to zero on Thursday as inflation turned negative and the currency strengthened further amid global trade tensions. The bank decided to lower the SNB policy rate by 0.25 percentage points to zero percent. This was the sixth consecutive reduction. The bank has reduced the key rate by 175 basis points since March 2024.
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17 days ago
Sensex, Nifty Cut Early Losses To End On Flat Note
Indian shares fluctuated before ending on a flat note Thursday. A cautious undertone prevailed as investors reacted to hawkish commentary from the Federal Reserve and rising tensions in the Middle East.
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17 days ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
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17 days ago
Philippine Central Bank Cuts Interest Rate On Slowing Inflation
The Philippine central bank lowered its policy rate for the second time this year as the outlook for inflation moderated. The Monetary Board of the Bangko Sentral ng Pilipinas decided to reduce the policy rate by 25 basis points to 5.25 percent. Previously, the bank had reduced the rate by a quarter-point in April.
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17 days ago
Yen Slides Amid BoJ Rate Hike Uncertainty
The Japanese yen retreated from early highs against its major currencies in the European session on Thursday, amid rising speculation that the Bank of Japan (BoJ) may take a long time before raising interest rates again this year.
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17 days ago
Norway Central Bank Unexpectedly Trims Rate By 25 Bps
Norges Bank cut its interest rate unexpectedly for the first time in five years as inflation eased somewhat faster than expected and signalled further reduction in policy rate if the economy evolves as estimated. The Monetary Policy and Financial Stability Committee of Norges Bank unanimously decided to cut the policy rate to 4.25 percent from 4.50 percent.
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17 days ago
more news
European Shares Decline As Israel-Iran Conflict Continues
European shares edged lower on Thursday as speculation grew over a possible U.S. involvement in the Israel-Iran conflict.
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17 days ago
Yen Retreats Against Majors
The Japanese yen retreated from early highs against its major currencies in the European session on Thursday.
RTTNews
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17 days ago
Asian Shares Slide As Israel-Iran Conflict Enters Seventh Day
Asian stocks ended mostly lower on Thursday after a hawkish commentary from the U.S. Federal Reserve and amid an ongoing geopolitical unrest in Middle East.
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17 days ago
Commodity Currencies Slide Amid Escalating Israel-Iran Conflict
The commodity currencies such as the Australia, New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, amid escalating trend in the ongoing conflict between Israel and Iran as they continued to attack each other for the seventh consecutive day, with speculation of the U.S. joining Israel in striking Iranian nuclear sites.
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17 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Thursday.
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17 days ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
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17 days ago
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