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SNB chairman sees rising global economic uncertainty
ZURICH, March 20 (Reuters) - Uncertainty about the development of the global economy and inflation has increased "significantly", Swiss National Bank Chairman Martin Schlegel said on Thursday."As a result, the outlook for inflation in Switzerland, too, is currently very uncertain. At pre...Reuters
Thu, Mar 20
USD/CHF retakes 0.8800 after SNB cuts rates by 25 bps; remains below 200-day SMA
The USD/CHF pair reverses an intraday dip to the 0.8755 area or a one-week low touched during the early European session on Thursday and spikes to a fresh daily high in reaction to the Swiss National Bank (SNB) policy decision.
Fxstreet
Thu, Mar 20
Swiss National Bank cuts rates
By John Revill ZURICH, March 20 (Reuters) - The Swiss National Bank cut its policy interest rate by 25 basis points on Thursday, leaving borrowing costs just above zero as it weighs the impact of U.S. President Donald Trump's trade policy on inflation and the global economy.The SNB reduced it...Reuters
Thu, Mar 20
Forex Today: US Dollar struggles to gather strength after Fed, attention turns to BoE
Here is what you need to know on Thursday, March 20: The US Dollar (USD) finds it difficult to outperform its rivals on Thursday as markets digest the Federal Reserve's (Fed) policy announcements.Fxstreet
Thu, Mar 20
Dollar steady as Fed's rate cut view calms market nerves
SINGAPORE, March 20 (Reuters) - The dollar steadied near five-month lows on Thursday after the Federal Reserve indicated rate cuts were likely later this year despite uncertainties around U.S. tariffs, while the pound hit a four-month high ahead of the Bank of England's policy decision.Reuters
Thu, Mar 20
Yuan eases as China sets weakest fix in two months
SHANGHAI, March 20 (Reuters) - The yuan eased against the U.S. dollar on Thursday after China sets its official midpoint rate at the weakest in two months, signalling authorities are keen to prevent quick or sharp gains in the currency against a declining greenback.Reuters
Thu, Mar 20
GBP/JPY Price Forecast: Slides below 193.00 ahead of BoE; set up warrants caution for bears
The GBP/JPY cross attracts sellers for the second successive day on Thursday and extends this week's retracement slide from the vicinity of the 195.00 psychological mark, or over a two-month high.
Fxstreet
Thu, Mar 20
Australian dollar dragged by soft jobs data, kiwi fails to get GDP boost
SYDNEY, March 20 (Reuters) - The Australian dollar fell on Thursday after a soft jobs report narrowed the odds of a rate cut in May, while the kiwi failed to draw much support from data showing its economy has crawled out of a recession given significant pockets of weakness. The Aussie AUD=D3 slippe...Reuters
Thu, Mar 20
FACTBOX-Global banks raise China's growth forecast, ease bearish yuan views
SHANGHAI, March 20 (Reuters) - Global investment banks have raised their projections for China's economic growth and turned less bearish on the Chinese currency after early signs of economic recovery, though concerns over escalating trade disputes with the U.S. persist.Beijing rolled out fresh s...Reuters
Thu, Mar 20
