Tags » Swiss National Bank

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


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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The Black Thursday you likely never heard about...

Dear Mr. Market:

In all of our “letters” to you a recent market event perhaps best sums up how nasty and volatile you can be. This time you really pulled one-off and caught the entire financial world flat-footed. 964 more words

Asset Allocation

Brokers and high risk events

On the 15th of January EURCHF plunged fast and hard 2.240 pips after an unscheduled and surprise announcement from the Swiss National Bank (SNB) that called an end to their minimum exchange rate which had been in place since September 2011 and ensured that one euro could not buy less than 1.20 Swiss Francs. 197 more words

Educational Articles

Foreign Exchange: Swiss Miss

When the Swiss National Bank (SNB) intervened to weaken its currency in 2011, analysts called the subsequent abrupt drop in the franc’s value a “20-standard-deviation move”. 639 more words


It Ain't a Trend Until it's a Trend

The euro and the dollar both looked ripe for countertrend rallies. Still do, actually. In my last post, I shared some charts that showed what I thought were very good set-ups for what at least could be some short-term trend reversals in the two currencies. 1,224 more words