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Franc Weakens After SNB Decision
(RTTNews) - As expected, the Swiss National Bank raised its policy rate by 25 basis points to 1.75 percent. The franc fell against its major counterparts after the decision.
The franc was trading at 158.48 against the yen, 0.9832 against the euro, 1.1403 against the pound and 0.8944 against the greenback around 3:35 am ET.
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Commodity Currencies Slide, Yen Rises Amid Cautious Trade
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Swiss Franc Weakens Against Majors
The Swiss franc fell against its major counterparts in the New York session on Wednesday.
The franc edged down to 1.1182 against the pound and 0.8436 against the greenback, from an early high of 1.1117 and a 5-day high of 0.8324, respectively.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Wednesday.
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U.S. Dollar Extends Slide On Soft Inflation Data
The U.S. dollar extended its early weakness against other major currencies in the Asian session on Wednesday, as inflation slowed more than expected in April, raising hopes of further easing by the Federal Reserve.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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Pound Rises Against Most Majors
The pound advanced against its most major counterparts in the New York session on Monday.
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