Fri, 12 Feb 2016 2:21
The Swiss franc fell on Thursday and extended its move down on Friday as prospects of even more accommodative monetary policy made the currency less appealing to investors. While the franc is considered a safe currency, currently it has limited appeal due to desperate attempts of the Swiss National Bank to reinvigorate Switzerland's economy.
Fri, 12 Feb 2016 1:18
The Swedish krona sank yesterday following the bigger-than-expected interest rate cut from the central bank of Sweden. Today, the currency continued to move lower versus the US dollar but rose a bit against the euro. The Riksbank slashed its main interest rate by 15 basis points to -0.5 percent. Analysts had expected a somewhat
Thu, 11 Feb 2016 15:19
UK pound is struggling today, heading lower as a global stock selloff weighs on the currency. Sterling is down nearly across the board today, thanks to concerns about stocks, and earnings misses by major European banks. UK pound has taken something of a beating in recent weeks. With a variety of concerns weighing on the British