Franc falls as aid to Greece is approved

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Franc fell to the lowest level in five weeks against the Euro as euro-zone's authorities approved financial aid to Greece, which reduced demand for safe-heaven assets. The Swiss currency slid 0.4% to 1.24544 per Euro, while it also dropped 0.5% against the U.S. Dollar to 96.83 centimes per greenback. The Switzerland's central bank still maintain a limit above which the Franc can not appreciate, which stands at 1.20 Euro.
Back to articles

Actual Topics

Tue, 09 Jul 2013 14:29:04 GMT

Greek bonds rise as aid to the country is approved

Greece will receive 3 billion euros of financial aid, European authorities confirmed. The aid is intended to prevent another debt crisis in the country. Greece will received 2.5 billion euros in July, while the rest in October, if the government manages to cut spending and implement required reforms. Yields on 10-year Greek government bonds decreased 31 basis points to 10.6%.

Tue, 09 Jul 2013 14:07:05 GMT

Stocks rise on profit expectations

Share prices jumped around the world on profit expectations as Alcoa started earnings season in the U.S. with better-than-expected results. The MSCI All-Country World Index jumped 0.5% to 361.24 so far today, while future contracts on S&P 500 Index increased 0.4%. The Stoxx 600 Index soared 0.6%.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.