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CHF Up as market reevaluates Tightening prospects

Rates as of 0500 GMT Market Recap The FX market continues to reevaluate the prospects for CHF now that the Swiss National Bank SNB has started hiking rates. The market has repriced the expected course of threemonth CHF rates. Investors now expect the SNB to hike faster higher than they expected before. Because of that, […]
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Sterling Gains, on Track to Snap 3Week Losing Streak

LONDON, June 20 Reuters The pound edged higher on Monday, breaking a threeweek losing streak versus the broadly struggling U.S. dollar as hawkish comments from policymakers supported the currency. While the Bank of England raised interest rates by just a quarter point last week lagging more robust action from the U.S. Federal Reserve and other […]
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Taiwan says U.S. Understands its Exchange Rate Policy Stance

TAIPEI, June 10 Reuters The United States understands Taiwan39;s exchange rate policy stance and the two sides have good communication, a Taiwanese central bank official said on Friday, after the U.S. Treasury put Taiwan on its monitoring list. The U.S. Treasury said Taiwan continued to exceed some thresholds for possible currency manipulation and moved the […]
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Telecom Italia Hopes to Surprise with Positive H1 Results

MILAN, June 15 Reuters The recently appointed chief executive of Telecom Italia said on Wednesday he hoped the former phone monopoly could surprise markets with positive firsthalf results. On August 3 we will publish results for the first half of the year, CEO Pietro Labriola said at the presentation of the group39;s new communication campaign. We […]
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