Tags » Eur/Chf

EUR/CHF : Swiss National Banks goes for a negative rate

Yesterday, the SNB renewed its commitment to curb speculation on the national currency  by setting its rate on deposits in the negative zone at  -0.25%.This change will take effect on january 22th 2015. 50 more words

Forex

Gold referendum : the Swiss say  “no”

Last sunday, the Swiss rejected the proposal by the Swiss Popular Party that the National Bank of Swiss hold at least  20% of its reserve in gold.   30 more words

Forex

Notes From Underground: The Air Is Too Thin In the Alps

The Swiss referendum on gold purchases, and, more importantly, setting a fixed GOLD/RESERVE RATIO of 20 percent was OVERWHELMINGLY defeated by a Swiss electorate suffering from a lack of oxygen reaching their brains. 737 more words

ECB

Notes From Underground: To the Readers of "Notes From Underground"

Happy Thanksgiving!

It takes readers to make a successful blog and I have been blessed to have readers who are able to add to the discourse that makes for profitable investments and trades. 703 more words

ECB

EUR/CHF : intervention confirmed

The SNB just released its data for the past week  and we see that deposits experienced a dramatic increase soaring from  368.1 bn CHF to 370.8 bn CHF . 7 more words

Forex

Notes From Underground: To Print or Not to Print (For the BOJ and SNB)

In the time of “secular stagnation,” the burden of economic policy has fallen on the world’s central bankers. Whatever the question of economic malaise the answer is to print money and stave off the fear of deflation. 796 more words

ECB

EUR/CHF : floor price

Trading on the EUR/CHF has been quite busy this week and I take this as hint that the SNB might have stepped in to defend the peg at  1.2000. 48 more words

Forex