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, Forex

Swiss franc rises after a shock hike

The SNB joined other central banks in tightening monetary policy in its first rate hike in 15 years, increasing its policy rate to -0.25% from the -0.75% it has deployed

Russian rouble stocks increase

Russian Rouble Stocks Increase

At 1435 GMT, the rouble was 0.7% stronger against the dollar at 56.61; it gained 1.4% to trade at 58.96 versus the euro. Top policymakers used Russia’s annual economic forum

Biggest one-day rise for the Swiss franc

Biggest one-day rise for the Swiss franc

The central bank had broadly been expected to stand on a -0.75% interest rate that was the lowest in any major developed country, though some banks had suggested a quarter-point

Traders are preparing for volatility

Traders Are Preparing for Volatility

Investors and economists are betting the Bank of England will increase its key rate a quarter-point when it meets later Thursday. Still, decisions in the past 24 hours by the

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