Category Archive: 1) SNB and CHF

SNB Sight Deposits: decreased by 8.2 billion francs compared to the previous week

The sight deposits at the SNB decreased by 8.2 billion francs compared to the previous week.

Read More »

Swiss Franc at risk as inflation diverges from SNB forecasts

Swiss Franc is vulnerable as inflation data continues to undershoot official forecasts. The SNB expected inflation to average 1.9% in 2024 in its December forecast, but it currently sits at 1.2%. 

Read More »

EUR/CHF Price Analysis: Pullback possible amid mixed signals

EUR/CHF has rebounded from the 0.9254 December 2023 lows and rallied up to resistance from a key barrier in the form of the 50-week Simple Moving Average (SMA). The pair is probably still in a long-term downtrend despite recent strength. 

Read More »

The Swiss National Bank vs. the Federal Reserve: The Fed’s Capital Losses in Perspective

Switzerland’s central bank, the Swiss National Bank (SNB), lost $3.6 billion in 2023,  after a gigantic loss of $150 billion in 2022. But after booking these losses, and properly subtracting them from its capital, the SNB still had positive capital of over $70 billion.

Read More »

US Dollar enters fourth day of consecutive losses ahead of Powell testimony

The US Dollar trades softer across the board on Wednesday. US Federal Reserve Chairman Jerome Powell is heading to Capitol Hill for his semi-annual testimony. The US Dollar Index snaps an important support, looking bleak ahead of the ECB decision and NFP data.

Read More »

Swiss Franc extends losses on Swiss interest rate outlook

The Swiss Franc (CHF) edges lower against the US Dollar (USD) on Wednesday as traders continue to bet on a less-inflationary outlook for Switzerland, supporting a relatively low interest rate policy and dampening foreign capital inflows. 

Read More »

Vorwort des Buches « L’Humanité vampirisée ». Philippe Bourcier de Carbon (version Allemande)

Philippe Bourcier de CarbonIngenieur der Hochschule Polytechnique, DemographGründungsvorsitzender von AIRAMA, « Internationale Allianz für die Anerkennung der Beiträge des Nobelpreisträgers Maurice Allais »

Read More »

USD/CHF Price Analysis: Trades back and forth around 0.8800

USD/CHF trades sideways near 0.8800 as the focus shifts to US economic data. The Swiss economy is expected to have growth at a moderate pace of 0.1% in the last quarter of 2023. Fed policymakers support holding interest rates unchanged in the range of 5.25%-5.50%.

Read More »

EUR/CHF hits ten-week highs above 0.9550 as Franc continues to soften

EUR/CHF up over 3% from December’s lows. ECB President Lagarde looks ahead to growth rebound. Swiss Franc is broadly weaker across the majors market.

Read More »

Sichtguthaben bei der SNB ziehen leicht an

Die Einlagen von Bund und Banken lagen am 23. Februar bei 480,5 Milliarden Franken nach 477,1 Milliarden in der Woche davor, wie die SNB am Montag mitteilte. Das ist ein Anstieg um 3,4 Milliarden Franken.

Read More »

Parlamentskommission reicht in Credit-Suisse-Untersuchung Anzeige ein

Die Sonderkommission des Schweizer Parlaments zur Untersuchung des Credit-Suisse-Debakels geht gegen Indiskretionen vor.

Read More »

Forex Today: Pound Sterling weakens on soft UK inflation, US Dollar consolidates gains

The US Dollar Index consolidates it's gains early Wednesday after rising 0.7% to a fresh three-month high near 105.00 on Tuesday. Eurostat will release fourth-quarter Gross Domestic Product (GDP) data in the European session and there won't be any high-tier data releases from the US later in the day.

Read More »

Gold price consolidates post-US CPI losses, seems vulnerable near two-month low

Gold price (XAU/USD) extends its sideways consolidative price move and remains depressed below the $2,000 psychological mark, or a two-month low heading into the European session on Monday. The stronger-than-expected US consumer inflation report released on Tuesday fueled speculations that the Federal Reserve (Fed) will wait until the June policy meeting before cutting interest rates.

Read More »

USD/CHF retraces its recent gains on risk appetite, inches lower to near 0.8730

USD/CHF attempts to recover its recent gains registered in the previous session. The USD/CHF pair edges lower to near 0.8730 during the European hours on Thursday. The improved risk appetite weakened the US Dollar (USD) against the Swiss Franc (CHF). Additionally, the subdued US bond yields are contributing downward pressure to undermining the Greenback.

Read More »

USD/CHF heading for 0.8500 as Swiss Franc climbs into four-month high against Greenback

The USD/CHF slipped through the 0.8600 handle on Thursday as broader markets push over the US Dollar (USD), bolstering all other major currencies across the board and lifting the Swiss Franc into a new twenty-week high against the Greenback.

Read More »

2023-12-20 – 4/2023 – Business cycle signals: SNB regional network

Report submitted to the Governing Board of the Swiss National Bank for its quarterly monetary policy assessment The appraisals presented here are based on discussions between the SNB’s delegates for regional economic relations and members of management at companies throughout Switzerland. In its evaluation, the SNB aggregates and interprets the information received. A total of 239 company talks were conducted between 10 October and 28 November.

Read More »

SNB’s Jordan: I’m not sure whether if the terminal rate has been reached

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.

Read More »

SNB’s Jordan: Another interest rate move is possible if current monetary policy is not restrictive enough

In an interview with local television station TeleZueri, Swiss National Bank (SNB) Chairman Thomas Jordan said that he doesn’t rule out more interest rate hikes ahead.

Read More »

Thomas Jordan: Policy-making under uncertainty: The importance of maintaining a medium-term orientation

[unable to retrieve full-text content]

Read More »

CHF traders take note – SNB Chair Jordan is speaking on Tuesday

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks...

Read More »