USD/CHF (CHF=X)
| Previous close | 0.8510 |
| Open | 0.8510 |
| Bid | 0.8481 |
| Day's range | 0.8443 - 0.8513 |
| 52-week range | 0.8330 - 0.9243 |
| Ask | 0.8493 |
FX EmpireGlobal Economy: Soft Landing Reinforces Prospect of Higher-for-longer Interest Rates
A sustained period of higher interest rates will present a challenge for many borrowers worldwide, as economies adapt to a new era of comparatively tight monetary policy amid a recovery in growth and enduring inflation.
Yahoo Finance UKIs now the best time to buy travel money for summer holidays?
The euro has plummeted against the pound to an almost two-year low. Here's what it means for you and your travel money.
- Reuters
FOREX-Swiss franc at nine-year high as dollar weakens ahead of inflation data
The Swiss franc hit its strongest level against the dollar in nearly nine years on Friday, and the euro reached a four-month high as the greenback stayed under pressure ahead of the release of a key U.S. inflation gauge later in the day. The dollar has been softening in recent months as data shows U.S. inflation is slowing and traders ramp up bets of how much the Federal Reserve will be cutting interest rates in 2024. Among the beneficiaries of the dollar's weakness have been the euro, which on Friday rose 0.12% to $1.1024, its highest since mid-August, and the Australian dollar which squeezed up a fraction on the day to $0.6807, its highest since late July.
