Yen and Swiss franc jump

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.
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 jump as investors rush to safe-haven assets
The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, with investors weighing the implications of a Chinese startup launching a free open-source artificial intelligence model.
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.
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.
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 ...
Consumer Staples Out Of Favor: Cautious Buy For Nestlé
Nestlé faces challenges from reduced pricing power and FX headwinds, yet maintains relatively robust volumes. Learn more on ...
US Yields Fall to Lowest This Year as Tech Slump Fuels Haven Bid
US Treasuries rallied on Monday as investors flocked to safe assets after technology firms drove a slump in equity ...
Exchange Rates22h
Swiss Franc to Euro Forecast: 1.0669 in Two Months
Analysts at Rabobank predict the Euro to Swiss franc exchange rate (EUR/CHF) will face downward pressure in the coming months. According to analysts at CIBC Capital Markets, following the ...
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 ...
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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, ...
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 ...
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 ...