NEWS
Outlook for Swiss GDP for 2020 Revised Up
13 August 2020Forecast of gross domestic product for Switzerland has been revised up by economists, as they predict it will get through pandemic in better shape than other European countries.
EUR Hit 1.18 Dollars After Good Data from Germany
11 August 2020On Tuesday euro’s exchange rate versus US dollar rose to 1.18 dollars, as better than expected data on investors’ sentiments from Germany in August triggered appetite for EUR.
USD Rebounds Against EUR, Other Currencies
07 August 2020US dollar has rebounded on Friday in exchange rates against other major currencies, including EUR, after Trump ban transaction to sell popular mobile apps to Chinese owners.
Swiss to Earn Less Due to COVID-19
03 August 2020According to predictions, people in Switzerland will have lower incomes this and next year due to COVID-19. Meanwhile, Swiss industry is starting to recover.
Euro Highest Since 2018
28 July 2020On Monday the euro exchange rate hit the highest level versus dollar since 2018, as concerns over coronavirus pandemic spread in US made USD weak.