Swiss franc surge sparks bets on return to negative interest rates

Swiss franc surge sparks bets on return to negative interest rates

Switzerland’s currency has soared as investors seek a haven from US President Donald Trump’s trade war

The Swiss franc climbed to levels not seen since January 2015, when the dollar weakened to around CHF 0.80, the strongest the currency has seen against the U.S. in a decade and a sign that global capital is seeking a safe haven amid the escalating trade war unleashed by the Trump administration.

Swiss franc surge sparks bets on return to negative interest rates – Sky News: The Latest News from the World

The Swiss franc has soared to a decade high against the dollar as investors rush for shelter from the global trade turmoil, sparking bets that the country’s central bank will have to lower interest rates to zero or below to curb the currency’s rise. The currency, historically a financial market haven because of the Alpine […]

With 80 percent probability central bank would go to zero already in June, by the end of the year could follow minus. Francs against dollars too strong. The National Bank is heading towards negative interest rates. Again. With giant steps. That is the current findings of the Financial Times. Because of the Trump tariffs the investors would flee in the secure franc port, writes the influential Wirtschaftsblatt. The federal bonds would have the [.…