Tags » Swiss National Bank

USDCHF: Pauses after strong gains

Last week the Swiss National Bank (SNB) kept the negative interest rate unchanged at -0.75% and Swiss trade balanced came out worse than expected. Also the US Federal Reserve meeting result in downgrading GDP and inflation forecasts for this year and next, and anticipated the FED will discuss a rate hike in June. 180 more words


Vogue Germany Banned Over Pricing, Goes After Fashion Blog Over Fashion Cover

Coop, Switzerland’s second-largest supermarket chain, has stop selling German magazines, including Vogue Germany, because its Swiss distributor, 7Day Media Services, according to a Coop official, had not cut prices after the currency surge, reports Strait Times.  320 more words

Fashion Reportage

Swiss Currency Shockwave a Picnic Compared to What's in Store for The U.S. dollar - Peter Schiff

(NaturalNews) Worried about its national currency, the franc, losing too much of its value as both it and the euro fall against the U.S. dollar, the Swiss government has recently removed a 2011 cap placed on the franc against the euro to protect it from further losses amid rising global financial pressures. 710 more words


Franc-ly my dear, I don't give a damn!

Three years ago, the world was still trying to cope with the aftermath of the global financial crisis. The Fed was well into its second round of quantitative easing and ECB was actively buying bonds. 970 more words

Cap On Franc

EUR/CHF, a poll for the weekend

Last 15 January, as we know, the Swiss National Bank stopped buying European currency to save the EURCHF exchange rate at 1.20, an operation too expensive for the Swiss central bank. 98 more words


Some Thoughts On the SNB’s decision

“Only when the tide goes out do you discover who’s been swimming naked.” – Warren Buffett

The Swiss National Bank’s (SNB) shock abandonment of the CHF 1.20 per Euro peg shows the risks that abound when investors rely on the central banks’ every word to deploy capital and make investment decisions.

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