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Of course, it could repeat the negative interest rate experiment (and the market is now pricing in negative rates again), but that is probably not a particularly desirable scenario for the SNB.
This technical indicator, coupled with profit booking, caused gold to retreat by as much as 1.5% during U.S. trading hours. The year 2024 has been remarkable for gold, with a 29% surge outperforming ...
The U.S. dollar steadied against its major peers on Wednesday on hopes of de-escalating trade tensions and as President ...
ORGANIC SALES FORECAST: The Swiss maker of KitKat chocolate bars and Nescafe coffee is expected to report organic sales growth of 2.5%, according to a company-compiled consensus. Growth is likely ...
Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were ...
Stock markets were enjoying a much-needed relief rally on Wednesday after US President Donald Trump said he had no plans to ...
To shrink the US current account deficit, Trump has already fired two arrows—at trade and the federal budget. But the math ...
The Pakistani rupee registered marginal decline against the US dollar during intra-day trading in the inter-bank market on ...
The Swiss franc's rapid appreciation on U.S. policy uncertainty could force the Swiss National Bank to intervene soon, as ...
Klaus Schwab, founder of the World Economic Forum (WEF), is facing renewed scrutiny from the very institution he built, after ...
SINGAPORE: The U.S. dollar rose sharply and then steadied on Wednesday as President Donald Trump backed away from threats of ...