Tags » Thomas Jordan

Jordan the Trickster

When I think back to the surprise move by Thomas Jordan the Governor of the Swiss National Bank on the 15th January, where he unpegged the 3yr old peg of the Swiss Franc and the Euro, I am reminded of the mythological symbol of the “Trickster”. 1,266 more words


Notes From Underground: Interest Rates In Limbo (Or, How Low Can You Go)?

Today it was the Danish Central Bank that lowered its interest rates in order to prevent the markets from trying to break the Danish KRONER/EURO… 824 more words


Friedrich List Weighs in on Swiss Franc-Euro Decoupling

Jan. 15, 2015 (EIRNS) — Briefed on the Swiss decision today to
decouple the national currency from the euro, Friedrich List had
the following to say: 231 more words

Glass Steagall

Addio al cambio fisso Euro/Franco Svizzero

Da giovedì 15 gennaio 2015, ore 10.30, il cambio minimo tra l’Euro e il Franco Svizzero appartiene alla storia. La Banca Nazionale Svizzera (BNS) ha infatti deciso di togliere la soglia minima di 1.20. 449 more words


Notes From Underground: What Has the Swiss Wrought (Or Why 2+2=5 Is the Paradigm of Global Macro)

We at Notes From Underground have been pondering the global macro landscape and waiting for the inevitable ECB meeting January 22, and, of course, the Greek elections on Sunday, January 25. 670 more words


How Does the Swiss Currency Move Affect US Investors?

Here are the most important words of 2015, thus far:

“Die Schweizerische Nationalbank (SNB) hat beschlossen, den Mindestkurs von 1.20 Franken pro Euro per sofort aufzuheben und ihn nicht mehr mit Devisenkäufen durchzusetzen. 675 more words

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