U.S. Presidential elections cause fluctuations in foreign currency market
November 03, 2016U.S. Presidential elections cause fluctuations in foreign currency market The U.S. Presidential elections are rapidly approaching (taking place on November 8th 2016) acting as a strong driving force in foreign currency markets. An increasing probability of Candidate Donald Trump to get elected next Tuesday, as well as the potential shift of the decision on the interest rates raise by the Fed have pushed down the U.S. Dollar exchange rate against all currencies. Uncertainty with regard to what the candidate might do if he gets elected and going forward the independence of the Fed are seen as causes for the late dollar fall reaching its lowest level in the last three weeks...
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SNB will maintain negative interest rates
September 15, 2016The Swiss National Bank (SNB) has announced today in its monetary policy assessment that it will continue with its expansionary monetary policy This means that it will maintain negative interest rates at current level (-O.75%).
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