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Franc Climbs After SNB Decision
(RTTNews) - The Swiss National Bank raised its key rate by 50 basis points to -0.25 percent from -0.75 percent. The franc firmed against its major counterparts after the decision.
The franc was trading at 136.53 against the yen, 1.0238 against the euro, 1.1876 against the pound and 0.9841 against the greenback around 3:35 am ET.
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U.S. Dollar Drops Against Majors
The U.S. dollar weakened against its major counterparts in the New York session on Friday.
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Euro Falls As ECB Cuts Interest Rates Again
The euro declined against its most major counterparts in the New York session on Thursday, as the European Central Bank slashed its key interest rates by a quarter basis point and warned of 'deteriorated' growth outlook due to trade tensions.
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Pound Drops Against Majors
The pound weakened against its major counterparts in the New York session on Wednesday.
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U.S. Dollar Falls As U.S. Recession Fears, Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the early European session on Wednesday, amid declining confidence in the U.S. economy and rising speculations that the Federal Reserve (Fed) will shortly start a new cycle of rate cuts.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the early European session on Wednesday.
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Pound Rises On Upbeat U.K. Employment Data
The British pound strengthened against other major currencies in the European session on Tuesday, following the release of the upbeat U.K. labor market data for the three months ending February.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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Pound Rises As European Shares Traded Higher
The British pound strengthened against other major currencies in the European session on Monday, as European shares traded higher following the U.S. decision to grant tariff exclusions on smartphones, computers, and other electronics—many of which are imported from China.
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