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  1. طارق جبور

    SNB Committed to Franc Cap as Keeps Rates at Zero

    The Swiss National Bank reiterated its commitment to cap the franc's rise at 1.20 per euro to lessen the risk of a recession as it kept rates on hold at zero on Thursday. more...
  2. طارق جبور

    Swiss Franc Dives as SNB Shocks With Euro Target Rate

    The Swiss franc plummeted versus the euro and dollar on Tuesday, after Switzerland's central bank shocked markets by setting a floor for the euro/Swiss exchange rate in an effort to curb franc strength which has taken a toll on the economy.* more...
  3. طارق جبور

    SNB Exchange Rate Target

    Speaking of the SNB's decision to peg the Swiss Franc to the Euro, Julia Coronado, North America chief economist at BNP Paribas, told CNBC, "There are a lot of tensions in the currency world right now, and as we have seen, it is not always easy to effectively have control over that." more...
  4. طارق جبور

    Swiss Franc Requires Direct Intervention from SNB

    "For the Swiss franc to look like an attractive funding currency again when it is in competition with so many other currencies at the moment we would need to see....direct intervention on the part of the Swiss National Bank," Adam Cole, head of currency strategy, RBC. He added that he did not...
  5. طارق جبور

    Swiss Franc Up; SNB Steps Seen Too Timid

    The Swiss franc edged higher versus the euro on Thursday, and may test a record high in days ahead after the Swiss National Bank's latest steps to curb franc strength fell short of expectations, and as worries over the euro zone's debt crisis fester.**** more...
  6. طارق جبور

    Franc Party Rained On by SNB; Yen Eyed

    The safe-haven Swiss franc nursed heavy losses in Asia on Friday, having posted record one-day falls against the euro and dollar after the Swiss National Bank threatened to step up its fight to curb the franc's strength.* more...
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