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Yen, Swiss franc surge
DeepSeek worries drive yen and Swiss franc higher, dollar drops
The Japanese yen and the Swiss franc gained while the U.S. dollar fell against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen, Swiss franc surge as DeepSeek fears hit risk appetite
NEW YORK >> The yen and the Swiss franc gained against major currencies today amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Yen, Swiss franc rise, dollar drops as DeepSeek fuels risk concerns
The benchmark S&P 500 was down 1.6 per cent to 6,003.04, dragged down by technology stocks. AI chipmaker Nvidia was down nearly 14 per cent to $123.02
Swiss Franc Falls as Trump’s Tariff Remarks Hit Safe Havens
The Swiss franc fell to a four-month low against the euro on reduced safe-haven demand after Trump took a more cautious line on trade tariffs.
Yen and Swiss franc gain amid risk-off sentiment
The forex market's main safety plays are in demand. The Japanese yen is gaining 0.8%, pushing the USD/JPY cross back below the 155 mark, while the Swiss franc is 0.5% stronger with USD/CHF at 0.9018.
Yen and Swiss franc jump, dollar drops as DeepSeek concerns drain risk appetite
The Japanese yen and the Swiss franc gained against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model.
Swiss Franc, Japanese Yen Rise as DeepSeek News Boosts Safe Havens
The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
1d
Swiss president forecasts deficits of 3 bln francs in coming years
Switzerland's President and Finance Minister Karin Keller-Sutter forecast higher annual budget deficits of around 3 billion ...
7d
on MSN
In this ski World Cup event, the men’s winner won more than $3,000. The women got towels and shampoo.
As a reward for finishing first in qualifying at a ski jumping World Cup event, organizers presented the male winner Jan ...
devdiscourse
1d
Switzerland Faces Budget Deficit Amid Military Expansion and Pension Hikes
Switzerland's President Karin Keller-Sutter predicts a 3 billion Swiss Franc annual budget deficit in the coming years, ...
5d
Swiss National Bank can cut rates further or go negative, chairman says
The Swiss National Bank still has room to cut interest rates again and even take rates below 0% if Swiss inflation goes too ...
9h
Tech tailspin on China's AI drive set to hammer Wall Street
U.S. stocks were headed for a sharp drop on Monday, led by technology shares, as surging interest in Chinese startup DeepSeek ...
5d
Tariffs On Swiss Watches: What It Could Mean For U.S. Consumers
Trump's universal tariffs could have a significant impact on the Swiss watch industry, affecting pricing strategies, consumer ...
GlobalCapital
3d
SSAs dominate foreign issuance as pace slows in Swiss market
SSA borrowers have moved to capitalise on a favourable cross-currency basis swap so far this year, and volumes by foreign ...
3d
on MSN
Emmi reports increased full-year revenue and organic growth in 2024
Emmi, a Swiss dairy producer, reported an increase in its full-year revenue for 2024. The company's sales rose by 2.5% to ...
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