The dollar slid Tuesday as concerns about the economic fallout of the US-sparked trade war pulled down Treasury yields and sent stock prices tumbling, driving investors into overseas havens.

The Swiss National Bank will not refrain from using interest rates and currency interventions to steer monetary policy despite the risk of being branded a "currency manipulator" by the United States,

“The significant brand momentum drove strong traffic to On’s e-commerce channel and global retail stores, resulting in a record high direct-to-consumer (DTC) share of 48.8 percent of net sales in the fourth quarter,” the company reported. DTC sales channel growth increased 43.4 percent (+48.2 percent cc) to CHF 296.2 million.

Analysts at Rabobank predict the Euro to Swiss franc exchange rate (EUR/CHF) will face downward pressure in the coming months. According to analysts at CIBC Capital Markets, following the ...

The euro climbed to a three-month peak against the U.S. dollar on Tuesday after Germany's conservatives and Social Democrats announced proposals to set up a 500 billion euro fund for infrastructure and overhaul borrowing rules aimed at increasing defense spending.

The weak GDP data supports the case for the Swiss National Bank to lower interest rates. The central bank is in the midst of an easing cycle and showed its aggressive side in December when it chopped rates by 50 basis points, bringing the cash rate to 0.50%.

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