Category Archive: 1) SNB and CHF

Devisen: Euro mit Abschlägen zu Dollar und Franken

Zum Franken neigt der Euro ebenfalls wieder leicht zur Schwäche. Im asiatischen Handel hatte sich die Gemeinschaftswährung noch oberhalb der 1,06er Marke bewegt, seit dem Vormittag ging es dann aber tendenziell wieder etwas abwärts, so dass aktuell 1,0597 Franken gezahlt werden. Der US-Dollar notiert mit 0,9328 Franken ebenfalls etwas tiefer als noch im frühen Handel.

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USD/CHF Price Analysis: Bears will keep eyes on support trendline from 2015

USD/CHF remains on the back foot despite recovering off-late. 61.8% of Fibonacci retracement will be on the sellers’ radars. Buyers are less likely to take the risk unless revisiting early-2020 levels. USD/CHF registers 1.36% loss to 0.9260 while heading into the European open on Monday.

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Will CHF/GBP Be a Good Currency Pair for Investment in the Future?

Trade between the UK and Switzerland is robust these days and it’s not going to get any worse for a long time. Even with the economic turmoil resulting from Brexit, the trade between these two countries was set to stay strong due to the special deal signed by them in 2019. As the situation stands now, trade agreements are solid, so these business relationships should only strengthen.

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USD/CHF Price Analysis: 0.9610/15 challenges recovery from multi-month low

USD/CHF bounces off 23-month low amid oversold RSI. January/February bottoms could restrict immediate upside. An eight-day-old falling trend line adds to the resistance. February 2018 top seems to be on the Bears’ radar.

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Swiss National Bank to distribute 4 billion francs of profit

In 2019, the Swiss National Bank (SNB) made a profit of around CHF 49 billion. These profits came mainly from the rising value of the assets on the bank’s balance sheet. In 2019, the value of its holdings of foreign currency and gold rose substantially. When combined with interest, dividend income and gains on shares total profits for the year were CHF 49 billion.

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SNB Profit in 2019: 48.9 billion (2018: loss of CHF 14.9 billion, 2020 Does not Look Good)

The increasing volatility of SNB Earnings Annual results are not really definite. Given that the SNB accumulates foreign currencies with interventions, they have huge swings. But the SNB may lose 50 billion in one year and win 60 billion in the next year or vice verse. Good years of the Credit Cycle This trend was … Continue reading »

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USD/CHF Price Analysis: 17-week-old falling trendline, 61.8 percent Fibonacci on bears’ radar

USD/CHF remains on the back foot near the multi-week low. Bearish MACD signals further downside, key support question the sellers. 200-week SMA acts as the key upside barrier. Despite bouncing off September 2018 lows, USD/CHF stays 0.11% down while trading around 0.9640 during early Monday. Also portraying the pair’s weakness are bearish conditions of MACD.

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USD/CHF Price Analysis: Dollar bouncing after falling to three-week’s lows, trades above 0.9700 figure

USD/CHF is bouncing from daily lows while nearing the 0.9730 resistance. As the bounce can be short-lived, the level to beat for sellers remains the 0.9680 level. USD/CHF is trading below the main daily simple moving averages suggesting an overall bearish bias in the long term. The spot is just below the 50 SMA.

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USD/CHF Price Analysis: 50-day SMA challenges further declines

USD/CHF trades near a three-week low. Bearish MACD, failures to carry the latest recovery keep sellers hopeful, 50-day SMA acts as near-term key support. 200-day SMA, 61.8% Fibonacci retracement act as near-term key resistances. USD/CHF remains on the back foot around 0.9740, down 0.25%, during the initial trading session on Thursday.

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Scotia says evidence points to Swiss National Bank intervening in CHF

FX strategist at Scotiabank cites the relative stability of EUR/CHF (above and around 1.06) in the past  two weeks while turmoil in markets elsewhere.

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USD/CHF registers four-day losing streak as coronavirus keeps risk-tone heavy

USD/CHF holds onto losses amid fears of coronavirus outbreak. Soft coronavirus statistics from China fail to counter widespread disease data from the rest of the globe. China’s ability to meet phase-one deal terms seem to gain a little appreciation among traders. The US New Home Sales, Swiss ZEW Survey can offer intermediate moves.

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USD/CHF Price Analysis: Bearish spinning top keeps sellers hopeful

USD/CHF snaps two-day losing streak. Bearish candlestick formation, sustained trading below 200-day SMA favor further selling. Bullish MACD, 50-day SMA question the bears. USD/CHF registers fewer moves while trading around 0.9790 during the pre-European session on Tuesday. The daily chart forms a bearish candlestick pattern but bullish MACD and 50-day SMA could limit further declines.

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2019: Wertpapierdepots klettern um fast eine Billion Franken

Aktiendepots bei Schweizer Banken befinden sich auf Rekordniveau (Bild: shutterstock)Ende 2019 erreichte der Wertschriftenbestand in den Depots der Schweizer Banken laut den neuesten Daten der Schweizerischen Nationalbank SNB einen neuen Rekordstand von 6,72 Bio. Fr. Die Zunahme belief sich auf fast eine Bio. Franken.

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USD/CHF Price Analysis: 200-day EMA questions pullback from 0.9770/75 support confluence

USD/CHF bounces off the short-term key support confluence comprising 21 and 50-day EMA as well as 38.2% Fibonacci retracement. 200-day EMA, 61.8% Fibonacci challenge buyers amid bullish MACD. USD/CHF registers 0.21% gains while taking the bids around 0.9805 during the early Monday.

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USD/CHF New York Price Analysis: Dollar eases from session highs, trades below 0.9830 vs. Swiss franc

USD/CHF prints another 2020 high and retraces down in the New York session. Bears are challenging the 0.9830 level. After hitting yet again a new 2020 high, USD/CHF is easing from session highs. The spot is trading below the 200-day simple moving averages suggesting an overall bearish momentum in the long term.

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USD/CHF Price Analysis: Bulls aim for 200-week SMA as MACD turns strongest in nine weeks

USD/CHF registers three-week winning streak, breaks above 38.2% Fibonacci retracement for the first time in a year. 61.8% Fibonacci retracement, September 2018 low act as the key supports. USD/CHF takes the bids to 0.9835 amid the pre-European session on Wednesday. In doing so, the pair crosses 38.2% Fibonacci retracement of its broad run-up between February 2018 and April 2019.

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2020-02-17 – The SNB’s Karl Brunner Distinguished Lecture Series: Carmen Reinhart to hold fifth lecture

The Swiss National Bank is honouring Carmen Reinhart with this year’s Karl Brunner Distinguished Lecture Series. Carmen Reinhart is an influential economist who has made outstanding contributions to macroeconomics. She has been Professor of the International Financial System at Harvard Kennedy School since 2012, and also currently serves on the Economic Advisory Panel of the Federal Reserve Bank of New York.

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Ein rationaler Erklärungsansatz für negative Zinsen

In einem Beitrag auf LinkedIn am 29. Dezember 2019 wirft Prof. Erwin Heri von der Universität Basel in die Runde, dass negative (Real-)Zinsen möglicherweise vernünftig sind. Sie wären das natürliche Ergebnis der Präferenzen der Wirtschaftssubjekte – und nicht primär das Ergebnis einer Manipulation von Zentralbanken.

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“ECB Is Worst-Run Central Bank In The World” – Felix Zulauf Sees 30percent Plunge In US Stocks “Taking The World With It”

Felix Zulauf was a member of the Barron’s Roundtable for about 30 years, until relinquishing his seat at our annual investment gathering in 2017. While his predictions were more right than wrong, it was the breadth of his knowledge and the depth of his analysis of global markets that won him devoted fans among his Roundtable peers, the crew at Barron’s, and beyond.

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Devisen: Euro stabilisiert sich nach neuem Tief seit fast drei Jahren

Derweil hält die Schwäche des Euro zum Franken weiter an. Aktuell notiert der Euro zwar mit 1,0634 wieder etwas höher als am frühen Morgen, als die Einheitswährung bei 1,0609 das Tagestief erreicht hatte. Unterhalb von 1,06 Franken hat die Gemeinschaftswährung letztmals im Sommer 2015 notiert. Der Dollar kostet aktuell etwas mehr mit 0,9807 Franken.

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