Category Archive: 1) SNB and CHF

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Business this week

2012-01-12

by The Economist

2012-01-12

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Swiss central bank chief quits: Exit Hildebrand

2012-01-09

by The Economist

2012-01-09

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Business this week

2012-01-05

by The Economist

2012-01-05

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A Swiss central-banking scandal: Called to account

2012-01-05

by The Economist

2012-01-05

IT IS starting to look like a sustained attack. On January 4th an article in Die Weltwoche, a Swiss weekly magazine, accused Philipp Hildebrand, president of the Swiss National Bank (SNB), of personal currency speculation while the SNB was intervening to stabilise the Swiss franc/US dollar rate.

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EUR/CHF, Market betting on Floor Hike, December 2011

2011-12-31

by George Dorgan

2011-12-31

Four Trades For 2012: #2 Sell The Swiss Franc I bought EUR/CHF shortly after the 1.20 peg was introduced and have held it ever since. My only regret has not been trading the range more aggressively. At this point everyone has an opinion of the SNB so I won’t try to convince the bears. Personally, … Continue reading »

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SNB: Lift EUR/CHF floor or not ?

2011-12-14

by George Dorgan

2011-12-14

Many participants in the FX markets seem to be sure that the SNB will lift the EUR/CHF flow to 1.25 Here the pros and the cons:

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EUR/CHF, A History, Market Betting on Floor Hike: November 2011

2011-11-30

by George Dorgan

2011-11-30

Rumour Of A Softer KOF Swiss Leading Indicator… Expected 0.63 vs previous 0.80, but the number now being touted is 0.35 EUR/CHF is getting a leg up on this around 1.2283 now from 1.2260 earlier By Pete Jackson || November 30, 2011 at 10:21 GMT Large Corporate Bids In EUR/CHF…. At 1.2250 I’m told it relates to … Continue reading...

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EUR/CHF Markets Betting on Floor Hike: October 2011

2011-10-31

by George Dorgan

2011-10-31

October 2011 Looks Like Market Exercising The Free EUR Put The SNB Bought For It EUR/CHF has been under pressure for the the last two weeks despite Herculean efforts by the EU/IMF to bailout the euro zone. It looks as if the market is taking up the SNB on its offer the buy unlimited … Continue reading »

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EUR/CHF: A History of Interventions: September 2011: The Floor Introduction

2011-09-30

by George Dorgan

2011-09-30

SNB Spotted In The Cross Today… Traders say the SNB was seen on the bid in lumpy size on the quick slide toward 1.2120 shortly after the open of US equity cash markets at 13:30. We’ve quickly bounced to 1.2170. By Jamie Coleman || September 30, 2011 at 14:20 GMT Category: All, Americas, Mkt Talk, Regions || Tags: EUR/CHF || 0 comments || Add …

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Expectations: Jedi monetary policy

2011-09-08

by The Economist

2011-09-08

On Tuesday, the Swiss National Bank (SNB) adopted a bold policy of pledging to sell Swiss Francs in an unlimited amount to ensure that the exchange rate viz-a-viz the euro is at least 1.2 Swiss Francs per euro. The exchange rate promptly jumped over 8 percent to a bit more than 1.2 Swiss Francs per euro. The SNB can clearly weaken its currency in this way, so long as its commitment is unwavering.

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Exchange-rate targets: Francly wrong

2011-09-08

by The Economist

2011-09-08

WHEN the going gets tough, the tough buy Swiss francs. That was true in the 1970s, when the Swiss were forced to impose negative interest rates on foreign depositors. And it has been true in recent years, with Switzerland's currency rising by 43% against the euro between the start of 2010 and mid-August this year.

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Currency interventions: Francs for nothing

2011-09-08

by The Economist

2011-09-08

CENTRAL banks have historically been regarded as the guardians of a currency's value, but occasionally they want to drive their exchange rates down. Rarely have they acted as aggressively as the Swiss National Bank (SNB) did on September 6th.

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EUR/CHF: A History of Interventions: August 2011: the Top

2011-08-31

by George Dorgan

2011-08-31

EUR/CHF Kicked Lower Again Hitting a new low this week of 1.1545 and is down over 300 pips on the day. The moved largely initiated by a major swiss name earlier apparently in conjunction with a hedge fund. Comments from the Swiss Econ Min over the last hour hardly helping matters, after the govt aid package … Continue reading »

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EUR/CHF: One Year of Free Market (07/2010-07/2011): July 2011

2011-07-31

by George Dorgan

2011-07-31

ForexLive Asian Market Open EUR/USD is trading around 1.4390 and USD/JPY is at 77.20 as the market awaits the latest developments out of Washington. Risk pairs like EUR/JPY and EUR/CHF are likely to be whippy this morning as the headlines hit the newswires. Good luck out there. By Sean Lee || July 31, 2011 at 20:49 … Continue reading »

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EUR/CHF: One Year of Free Market (07/2010-07/2011): June 2011

2011-06-30

by George Dorgan

2011-06-30

Specs Scrambling For Cover In EUR/CHF The Armageddon trade is being taken off in dramatic size in thin-month-end markets, driving EUR/CHF above 1.2200. USD/CHF is nearing resistance at 0.8440. Traders not talk of significant interest from real money accounts to buy both USD/CHF and USD/JPY at the fixing at 15:00 GMT. The danger now is … Continue reading »

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EUR/CHF: One Year of Free Market (07/2010-07/2011): May 2011

2011-05-31

by George Dorgan

2011-05-31

May 2011 ForexLive Asian Market Open: Analysis With Fries Just brilliant Jamie Australian GDP this morning and the market is now gearing itself for a poor number after yesterday’s data and weekend comments from the Treasurer. China is selling rallies in AUD/USD and Middle East Sovereigns are buying big dips; sounds like a recipe for medium … Continue reading »

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Swiss Franc at record highs (May 2011)

2011-05-27

by George Dorgan

2011-05-27

swiss franc versus cross currencies 2010-2011 chfusd chfjpy chfeur

May. 27th 2011 Extracts from the history of the Swiss franc (May 2011) This month, the Swiss Franc touched a record high against not one, but two currencies: the US dollar and the Euro. Having risen by more than 30% against the former and 20% against the latter, the franc might just be the world’s … Continue reading »

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EUR/CHF: One Year of Free Market (07/2010-07/2011): April 2011

2011-04-30

by George Dorgan

2011-04-30

Quick Look At The Order Board EUR/USD: At least two sizeable barriers at 1.4550; light stops immediately above 1.4555; decent-sized offers near 1.4600 AUD/USD: Decent-sized bids from option players 1.0610/20 USD/JPY: Solid bids 82.00, 81.80, 81.50. Offers still solid 83.10, 83.30 and somewhat larger near 83.50. EUR/GBP: Heavy stops above .8950 EUR/CHF: Moderate buying interest near …

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EUR/CHF: One Year of Free Market (07/2010-07/2011): March 2011

2011-03-31

by George Dorgan

2011-03-31

March 2011 Swiss KOF Leading Growth Indicator 2.24 In March Up from revised 2.19 in February (initial 2.18.) Stronger than median forecast of 2.15. Bit of a surprise. EUR/CHF lower, presently at 1.2978. By Gerry Davies || March 30, 2011 at 09:39 GMT EUR/USD: Look To The Crosses For Guidance EUR/JPY has made a significant move … Continue reading...

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