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INSTANT VIEW-Norway's central bank delivers surprise rate cut
LONDON, June 19 (Reuters) - Norway's central bank cut its policy interest rate by 25 basis points to 4.25% on Thursday, its first reduction of borrowing costs in five years, in a decision that took most analysts by surprise.Norway's crown and government bond yields tumbled.The dollar was up ...Reuters
Thu, Jun 19
INSTANT VIEW-Norway's central bank delivers surprise rate cut
LONDON, June 19 (Reuters) - Norway's central bank cut its policy interest rate by 25 basis points to 4.25% on Thursday, its first reduction of borrowing costs in five years, in a decision that took most analysts by surprise.Norway's crown and government bond yields tumbled.The dollar was up ...Reuters
Thu, Jun 19
INSTANT VIEW-Norway's central bank delivers surprise rate cut
LONDON, June 19 (Reuters) - Norway's central bank cut its policy interest rate by 25 basis points to 4.25% on Thursday, its first reduction of borrowing costs in five years, in a decision that took most analysts by surprise.Norway's crown and government bond yields tumbled.The dollar was up ...Reuters
Thu, Jun 19
Taiwan Central Bank Will Closely Monitor Developments In U.S. Tariff Policies, Risk Of Slowing Chinese Economy, Geopolitical Risk
June 19 (Reuters) - TAIWAN CENTRAL BANK: RATE DECISION WAS UNANIMOUSTAIWAN CENTRAL BANK: WILL ADJUST MONETARY POLICY IN A TIMELY WAYTAIWAN CENTRAL BANK: IN H2 UNCERTAINTIES FOR U.S. TARIFF REMAINS HIGHTAIWAN CENTRAL BANK: EXPORTS AND DOMESTIC CONSUMPTION GROWTH MOMENTUM TO WEAKEN IN H2TAIWAN CENTRAL...Reuters
Thu, Jun 19
INSTANT VIEW-Norway's central bank delivers surprise rate cut
LONDON, June 19 (Reuters) - Norway's central bank cut its policy interest rate by 25 basis points to 4.25% on Thursday, its first reduction of borrowing costs in five years, in a decision that took most analysts by surprise.Norway's crown and government bond yields tumbled.The dollar was up ...Reuters
Thu, Jun 19
USD/CAD holds gains above 1.3700 due to escalating Israel-Iran conflict
USD/CAD continues to gain ground for the third consecutive day, trading around 1.3710 during the European hours on Thursday. The pair gains ground as the US Dollar (USD) draws upward support from increased safe-haven demand, driven by escalating geopolitical tensions in the Middle East.
Fxstreet
Thu, Jun 19
EUR/USD: Can edge lower and potentially test the 1.1440 level – UOB Group
There has been a slight increase in downward momentum; Euro (EUR) could edge lower and potentially test the 1.1440 level. EUR is likely to trade in a range for now, probably between 1.1400 and 1.1570, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Jun 19
EUR/USD extends losses as geopolitical tensions sour market sentiment
The EUR/USD pair is extending its reversal from last week's highs on Thursday, weighed by investors' aversion to risk, as fears of an escalation of the Israel-Iran war into a regional conflict have overshadowed the Federal Reserve's (Fed) monetary policy decision.Fxstreet
Thu, Jun 19
Norway central bank cuts rates for the first time in 5 years, in surprise move
OSLO, June 19 (Reuters) - Norway's central bank cut its policy interest rate by 25 basis points to 4.25% on Thursday, its first reduction of borrowing costs in five years, in a decision that took most analysts by surprise.Reuters
Thu, Jun 19
SNB lowers outlook for global economy due to trade tensions
ZURICH, June 19 (Reuters) - The outlook for the global economy in the coming quarters has deteriorated due to higher trade tensions, Swiss National Bank governing board member Petra Tschudin said on Thursday, "In our baseline scenario, we anticipate that growth in the global economy will weaken ...Reuters
Thu, Jun 19
SNB chairman aware of 'undesirable' effects of negative rates
ZURICH, June 19 (Reuters) - The Swiss National Bank is aware of the "undesirable side effects" of negative interest rates, Chairman Martin Schlegel said on Thursday, although the measure had been an important instrument when deployed in the past."Between 2015 and 2022 negative interest w...Reuters
Thu, Jun 19
SNB vice chairman says banks' capital and liquidity buffers remain key
ZURICH, June 19 (Reuters) - Banks' capital and liquidity buffers remain key in the context of increased financial market volatility and persisting vulnerabilities in Switzerland's mortgage and residential real estate markets, Swiss National Bank Vice Chairman Antoine Martin said on Thursday....Reuters
Thu, Jun 19
EUR/CHF pulls back below 0.9400 despite the SNB's rate cut
Buy the rumour, sell the fact for the EUR/CHF on Wednesday, as the pair has reacted lower to the Swiss National Bank’s decision to cut its benchmark rate by 25 basis points, to 0% after its monetary policy meeting.The EUR/CHF has pulled back from the 0.9420 area to levels right below the 0.9400 leve
Fxstreet
Thu, Jun 19
USD/CHF steadies around 0.8200 after SNB announces a quarter basis point rate cut
USD/CHF continues its winning streak for the fifth consecutive session, trading around 0.8200 during the European hours on Thursday. The pair holds gains following the release of the interest rate decision by the Swiss National Bank (SNB).
Fxstreet
Thu, Jun 19
SNB Economic Forecasts Table
ZURICH, June 19(Reuters) - Here are the Swiss National Bank's latest projections for the Swiss economy, released earlier on Thursday. Previous forecasts in brackets. 202520262027 Inflation* 0.2% (0.4) 0.5% (0.8) 0.7%(0.8) GDP** 1-1.5%(1%-1.5%)1-1.5% (1.5%)Reuters
Thu, Jun 19
Swiss National Bank cuts interest rates to zero
By John Revill ZURICH, June 19 (Reuters) - The Swiss National Bank cut its interest rate to zero on Thursday in response to falling inflation, appreciation pressure on the Swiss franc and economic uncertainty caused by the U.S. administration's unpredictable trade policy.The SNB reduced its p...Reuters
Thu, Jun 19
