Tags » Swiss Franc

Who owns the Swiss National Bank?

A feature of pretty much any discussion about a central bank is that someone invariably pops up and claims that it is privately owned. This comes with the implication that dark forces are at work. 1,263 more words

General Economics

SNB expected to mantain key rate

Switzerland’s central bankers may be feeling more relaxed following the recent weakening of the Swiss franc against the euro, but they are still expected to hold their ultra-loose monetary policy at their September policy meeting. 125 more words

Reuters

What makes a currency a safe haven these days?

The subject of safe havens is something that comes to mind as one considers the situation concerning North Korea. An unhinged leader combined with nuclear weapons and intercontinental ballistic missile technology does not make for a stable mix and of course there is Kim Jong-Un to consider as well. 1,294 more words

General Economics

Notes From Underground: Arthur's Song, Lost Between the Moon and New York City

A long-time reader of Notes From Underground posted a comment to a previous post promoting long GOLD/short YEN. When I asked him about this trade he noted the onset of currency wars. 921 more words

Euro

The Forex Market

USD5 TRILLION. That is the size of the FOREX (foreign exchange) market.  Currencies worth more than USD5 trillion in value is traded on a daily basis. 268 more words