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UBS: Dollar rally won’t last – Swiss franc safer haven

A key reason for the devaluation of the euro/dollar exchange rate is – apart from the fears surrounding the eurozone economy and the evolution of the energy crisis – and the strength of the American currency....

Moscow Stock Exchange: Suspends Swiss franc trading due to country sanctions against Russia

The Moscow Stock Exchange announced that it will suspend trading of the Swiss franc against the ruble from Tuesday, as Switzerland approved the new EU sanctions against Russia. The Exchange announced that it is facing difficulties in...

Investors queue to sort British pound with a possible recession on the horizon

Traders are increasingly sorting into the British pound as the cost-of-living crisis in the UK begins to intensify, CNBC reports. Inflation rose to 9% a year earlier in April, a 40-year high as food and energy prices...