简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Swiss National Bank says ready to intervene to stem franc's rise
Abstract：The Swiss franc is currently sought after as a refuge currency, along with the US dollar and the yen.
The Swiss National Bank repeated on Monday its pledge to intervene on the currency markets after safe-haven inflows pushed the Swiss franc above parity in its valuation versus the euro.
“The Swiss franc is currently sought after as a refuge currency, along with the US dollar and the yen,” the central bank said in a statement.
“The Swiss franc continues to be highly valued,” it added. “The SNB remains prepared to intervene in the foreign exchange market if necessary.”
For more Forex news, please download WikiFX- the Global Forex Regulatory Inquiry APP.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Forex Price Trend Prediction! | Come be a New Year Price Winner!
Become a New Year Price Winner by predicting the fluctuations of Forex!
Clearstream Opens Euro Channel to Connect Romanian Bond Market
Clearstream expands access to Romanian bonds, enhancing international investment opportunities through Euro-denominated instruments and streamlined settlement services.
The Yuan’s Struggle: How China Plans to Protect Its Economy
China introduced new measures on Monday to support its weakening currency, the yuan, amidst mounting economic and political pressures. The government announced plans to boost foreign exchange reserves in Hong Kong and ease borrowing restrictions for companies to improve capital flows.
Bursa Malaysia Dips as Investors Brace for 2025 Uncertainty
Bursa Malaysia saw a slight dip on the final trading day of the year as profit-taking and cautious sentiment dominated. The FBM KLCI declined 3.4 points to 1,634.28, with muted turnover of RM822.07 million due to year-end festivities. Blue-chip stocks, including Tenaga Nasional and Telekom Malaysia, experienced declines, while regional markets remained subdued amid global uncertainties. As 2024 approaches, investors remain cautious, balancing risks with potential opportunities.
WikiFX Broker
Latest News
IG Japan Extends US Stock CFD Trading Hours in 2025
WikiFXALERT! Warning against Livaxxen
WikiFXWhich Zodiac Sign Makes the Best Trader?
WikiFXPlus500 Collaborates with Topstep, Prop firm
WikiFXRobinhood Launches Crypto Trading Services in Spain
WikiFXArchax Secures FCA Approval to Oversee Crypto Promotions in the UK
WikiFXCLS Global Admits to Crypto Fraud
WikiFXPhilippine SEC Urges Caution Regarding Ecomamoni
WikiFXBecome Women Brand Ambassador of Yamarkets
WikiFXNaira Falls Against Dollar as Nigeria Reshapes Economic Blueprint
WikiFXCurrency Calculator
