Swiss franc
Coverage of Swiss franc in the Nexus archive.
- Carry Traders Pivot to Swiss Franc After Yen Volatility Spikes
Carry traders are increasingly turning to the Swiss franc for funding sources in the near term. This strategic shift is motivated by factors that diminish the appeal of borrowing against the yen, such as heightened volatility and the threat of intervention or higher interest rates.
- SNB Reviews Franc Alert Level Before Middle East Peace Deal
The Swiss National Bank (SNB) is reviewing the franc alert level in anticipation of a Middle East peace deal. The action suggests potential economic considerations tied to the diplomatic development.
- Amazon Kicks Off Debut Swiss Franc Bond Sale in Record Six Parts
Amazon debuts its Swiss Franc bond sale in a record six parts. The sale is a significant financial move by the company. Amazon's bond sale is expected to have an impact on the financial market.
- Breitling Cuts Jobs as Swiss Franc and Luxury Slump Hit Results
Breitling is cutting jobs due to a slump in luxury sales and the strength of the Swiss Franc. This has negatively impacted Breitling's results. The company is known for its Navitimer chronometer watches.
- SNB Chief Economist Lenz to Retire, With Brown Set to Take Over
The Swiss National Bank (SNB) announced that Chief Economist Lenz will retire, with Brown set to take over. The SNB reiterated its readiness to sell the franc but avoided cutting borrowing costs into negative territory.