Tag Archive: Fair Value

Weekly Newspaper on Swiss National Bank and Swiss Franc

2013-11-04

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2013-11-04

  Feel free to click into the other categories “politics”, “business”, #chf, #snb in order to see more articles.

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Weekly Newspaper on Swiss National Bank, Edition October 28

2013-10-28

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2013-10-28

The SNB recently published the latest real effective exchange rate (REER). According to that the franc was only 7% overvalued against the base year 1999. Credit Suisse (CS) has taken some more factors than the REER under consideration: for them the fair value of the EUR/CHF is now 1.22, while the dollar was still undervalued. …

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Why the Yen Is Now Fairly Valued, USD back as Preferred Funding Currency

2013-03-15

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2013-03-15

Japan
Producer prices and “real mean reversion” for currencies show that the yen is currently fairly valued. Many momentum factors could, however, speak for some further weakening, while seasonality favours an appreciation. For us, the US dollar is back as the preferred funding currency. The real mean reversion for currencies Some economists, like Goldman’s O’Neill, in the case …

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The Swiss National Bank and the EUR/CHF floor have become a political football

2012-06-10

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2012-06-10

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  How the SNB Chairman Jordan has invited hedge funds and smart investors to a risk-free, high-return guaranteed investment in Swiss francs A wrap-up of Swiss newspapers for non-German literates In parallel to the start of the UEFA Euro 2012, the Swiss National Bank and its policy towards the EUR/CHF exchange rate has become a political …

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Written in February 2012: Will the EUR/CHF never rise over 1.22 or 1.23 again?

Our analysis from February 2012 shows astonishing accurateness: It predicted that the euro would not rise against CHF and that the commodity currencies were overvalued and subject to correction. Basic foreign exchange theory, the SNB price stability mandate and strong fundamentals for Switzerland and bad ones for the peripheral countries of the euro zone speak for the thesis that the EUR/CHF exchange rate might never go over the level of around...

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

2011-09-30

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2011-09-30

eurchf daily sept6
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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