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Swiss watch makers hit by weak export data

posted by mintchocolate 2 hours 39 minutes ago in CHF made popular 2 minutes ago

Swiss watch exports rose 0.1 percent in October after a 15.5 percent rise in the previous month as customers reined in spending, scared by signs the financial crisis is spilling over to the wider economy.  read more

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Swiss franc ended the week down 1.4% against the US dollar

posted by ceronueve 2 days ago in CHF, Weekly, Consumer made popular 4 hours ago

The Swiss franc ended the week down 1.4% against the US dollar on top of last week's 1.8% decline.  read more

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Leaders agree to plan to reshape world financial institution

posted by sassygirl 4 days ago in CHF made popular 4 days ago

World leaders holding an emergency meeting to combat the economic crisis agreed Saturday to a far-reaching action plan that, over the next 4  1/2 months, would begin to reshape international financial institutions and reform worldwide regulatory  read more

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Cabinet makes move to keep the economy alive

posted by princesa 5 days ago in CHF made popular 1 day 5 hours ago

The government says it intends to stimulate the Swiss economy with up to SFr1.5 billion ($1.26 billion) in 2009 in view of the global financial crisis.  read more

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SNB to cut rates again in Dec as economy stutters

posted by eriathwen 5 days ago in CHF, Inflation, Consumer made popular 5 days ago

The Swiss National Bank will reduce its interest rate target from the current 2.0 percent in December, despite already cutting twice in the past month, as it tries to energise a flagging economy, a Reuters poll showed.  read more

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Swiss Economic Expectations Improve Slightly in November

posted by ceronueve 6 days ago in CHF made popular 6 days ago

Thursday, a survey carried out by the Centre for European Economic Research or ZEW in cooperation with Credit Suisse showed that Swiss economic prospects improved slightly in November.  read more

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EUR/CHF - Euro Swiss Franc, European Session

posted by eriathwen 7 days ago in CHF, Technical made popular 7 days ago

1,4817. EUR CHF is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration.  read more

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European markets fall, led by financials, commodities

posted by grink 7 days ago in GBP, CHF, Special made popular 7 days ago

The European markets fell for the second day on Wednesday, as growing concerns about the economic crisis hit financial stocks and falling crude oil and copper prices drove commodity stocks lower.  read more