Page 10 - Currency Values News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Traders in Switzerland and Israel are once again testing central banks in their commitment to currency intervention. Policy makers in both nations have been known to weaken their respective currencies to support their economies. Investors are now pushing back amid a brighter outlook for growth and inflation, putting the Swiss National Bank and the Bank of Israel in a tight spot. The Israeli shekel surged on Tuesday to the strongest level in more than 25 years, before reversing gains as the central bank declined to comment on currency intervention. The Swiss franc hit a 17-month ...

Greysheet is the trusted source for collectible, rare coin and currency pricing since 1963.

(Bloomberg) -- Currency traders are responding to stagflation risks by turning to the Swiss franc. Amid concerns that the global economy is heading toward an environment characterized by higher-than-normal inflation and little or no growth, the Swiss currency is showcasing its haven status. It rose Thursday to the strongest level against the yen -- another traditional haven currency -- since December 2015, while it reached an 11-month high versus the euro. According to Deutsche Bank analysts, the Swiss franc is a good hedge play thanks to the country’s central bank and an economy less expose...

Greysheet is the trusted source for collectible, rare coin and currency pricing since 1963.

Greysheet is the trusted source for collectible, rare coin and currency pricing since 1963.