News
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SNB's Schlegel ready to cut rates 'if required'
ZURICH, Sept 25 (Reuters) - The Swiss National Bank is prepared to cut interest rates further if it is necessary, Chairman Martin Schlegel said on Thursday after the central bank held its policy rate at 0%."Yes, we are prepared to cut further if it is required," Schlegel told reporters. "...Reuters
Thu, Sep 25
USD/JPY is likely to trade in a range between 148.20 and 149.15 – UOB Group
US Dollar (USD) is likely to trade in a range between 148.20 and 149.15. In the longer run, renewed upward momentum suggests USD could reach 149.15; it is unclear whether it could continue to rise to 149.55, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Sep 25
FOREX-Swiss franc steady as SNB keeps rate at zero, traders await US economic data
Swiss National Bank keeps rate unchangedInvestor focus on US GDP, inflation data By Joice Alves and Ankur Banerjee LONDON/SINGAPORE, Sept 25 (Reuters) - The Swiss franc was little changed against the dollar on Thursday as the Swiss National Bank kept the interest rate at zero, as expected, while ...Reuters
Thu, Sep 25
USD/MXN slips below range support – Société Générale
USD/MXN has broken below its recent consolidation base, signaling renewed downside momentum, with 18.65 now the key barrier to cap rebounds before the pair potentially extends losses toward 18.15 and 17.80/60, Société Générale's FX analysts note.
Fxstreet
Thu, Sep 25
Pound Sterling trades with caution against US Dollar ahead of key US economic data release
The Pound Sterling (GBP) trades cautiously around 1.3450 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair struggles to gain ground as the US Dollar demonstrates strength ahead of key United States (US) economic data releases at 12:30 GMT.
Fxstreet
Thu, Sep 25
AUD/USD: More likely to trade in a lower range of 0.6565/0.6605 – UOB Group
Rather than continuing to weaken, Australian Dollar (AUD) is more likely to trade in a lower range of 0.6565/0.6605. In the longer run, the price action suggests that the likelihood of AUD testing 0.6550 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Sep 25
SNB's Schlegel says U.S. tariffs present 'major challenge' to economy
ZURICH, Sept 25 (Reuters) - U.S. tariffs are a "major challenge" and will likely dampen economy activity, Swiss National Bank Chairman Martin Schlegel said on Thursday after the central bank held its interest rates at 0%."Against this backdrop, our monetary policy is supporting economic ...Reuters
Thu, Sep 25
Swiss National Bank anticipates subdued growth in global economy, says vice chairman
ZURICH, Sept 25 (Reuters) - The Swiss National Bank anticipates that growth in the global economy will be subdued over the coming quarters as economic developments are being dampened by U.S. tariffs and ongoing high uncertainty, Vice Chairman Antoine Martin said on Thursday."U.S. tariffs are lik...Reuters
Thu, Sep 25
Swiss economic outlook has deteriorated due to tariffs, says SNB's Tschudin
ZURICH, Sept 25 (Reuters) - The Swiss economic outlook has deteriorated due to "significantly higher U.S. tariffs," Swiss National Bank governing board member Petra Tschudin said on Thursday."The outlook for Switzerland remains uncertain," said Tschudin in remarks prepared for a pres...Reuters
Thu, Sep 25
ANALYSIS-Korea's wobbles over US trade talks awaken the won bears
Korean won breaks 1,400 to dollar amid trade talk uncertaintiesLee Jae Myung calls for FX swap line with Federal ReserveDeadlock over $350 billion investment fund structure with U.SBy Cynthia Kim, Yena Park and Jihoon Lee SEOUL, Sept 25 (Reuters) - South Korea's trade talks with the Trump adm...Reuters
Thu, Sep 25
SNB Economic Forecasts Table
ZURICH, Sept 25 (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 (0.2) 0.5 (0.5) 0.7 (0.7) GDP** 1%-1.5%(1%-1.5%)close to 1% (1% to 1.5%)Reuters
Thu, Sep 25
MXN: Weak real economy, further interest rate cuts, yet no weaker peso – Commerzbank
At the beginning of the year, very few analysts would have predicted that the Brazilian real and the Mexican peso would perform so well against the US dollar, with gains of 17% and 13% respectively, Commerzbank's FX analyst Tatha Ghose notes.Fxstreet
Thu, Sep 25
TRY: Court rulings precipitate constitutional problem – Commerzbank
Yesterday, Istanbul's 45th civil court ordered a suspension of opposition CHP’s extraordinary provincial congress in Istanbul, undermining the authority of the Supreme Election Council (YSK) which had previously green-lit the event after some deliberation (and with some conditions), Commerzbank's FX
Fxstreet
Thu, Sep 25
