Straits Times Index
3,256.63 -10.91 (-0.33%) Nikkei
27,859.23 +38.83 (+0.14%) Hang Seng
19,211.70 -306.59 (-1.57%) FTSE 100
7,567.54 +11.31 (+0.15%) BTC-USD
17,069.48 -154.48 (-0.90%) CMC Crypto 200
403.37 -7.85 (-1.91%)
USD/CHF (CHF=X)
| Previous close | 0.9415 |
| Open | 0.9415 |
| Bid | 0.9414 |
| Day's range | 0.9404 - 0.9429 |
| 52-week range | 0.9092 - 1.0147 |
| Ask | 0.9414 |
- Reuters
Weaker franc helps Swiss National Bank's forex reserves rise
The Swiss National Bank's foreign exchange reserves rose in October, central bank data showed on Monday, as the Swiss franc's depreciation helped reverse a sharp drop in September. The SNB held 817.16 billion Swiss francs ($821.27 billion) in foreign currencies at the end of October, compared with 806.11 billion francs in September, revised from an originally reported 807.13 billion francs. The SNB declined to comment on the change.
- Yahoo Finance UK
Bitcoin ends a dismal September holding above $19k
Bitcoin ended a dismal September holding over $19K, but will it assume its long-promised role as a safe haven as macroeconomic storm clouds gather over Credit Suisse?
- Investing.com
Dollar Hands Back Some Gains; Nears One-Week Low
The U.S. dollar edged lower in early European trade Tuesday, moving close to a one-week low, as traders eased expectations that the U.S. Federal Reserve will hike by a full percentage point this month. The dollar has been gradually retreating from its multi-year high as expectations of a super-sized tightening by the Fed at the end of July have been reined in, especially after two of the most hawkish FOMC members – James Bullard and Chris Waller – said that their base case was still a 75 basis point move. “We doubt that between now and the 27 July FOMC meeting, markets will seriously reconsider a 100bp increase; first, because the Committee has entered its blackout period, and there are therefore no speakers until next week and second, because the U.S .data flow is set to be mostly second-tier this week,” said analysts at ING, in a note.
