Tag Archive: Gold

Recent History of the Swiss franc: March 2009

2009-03-31

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2009-03-31

eurusd hourly 12 mar 09
A history of the EUR/CHF from the website ForexLive March 2009 Be Warned, April Fools Day Don’t believe everything you hear today as somebody might be having you on! The CHF is making a comeback and it’s imminent demise, which I have been forecasting, is obviously greatly exaggerated. EUR/CHF is back under 1.5100 and no sign … Continue reading »

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SNB Fulfills Promise of Forex Intervention, Franc Collapses (March 2009)

2009-03-17

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2009-03-17

swiss franc falls against the euro
Extracts from the history of the Swiss franc (March 2009).   Mar. 17th 2009   Last week, the Forex Blog concluded a post on the Swiss Franc by suggesting that the Swiss National Bank (SNB) could artificially depress the value of its currency, which had “not just posted strong gains against the eurosince late August …

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Swiss Franc Rises on a Trade-weighted Basis, but Down against the Dollar (March 2009)

2009-03-11

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2009-03-11

euro to swiss franc exchange rate chart
Mar. 11th 2009 Extracts from the history of the Swiss franc (March 2009).   Most of the “safe haven” talk in forex circles has focused on Japan and the US. Switzerland, meanwhile, has also attracted is fair share of risk-averse investors, who are piling into Franc-denominated assets, despite the deteriorating Swiss economic situation. In fact, …

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Recent History of the Swiss franc: January to February 2009

2009-02-28

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2009-02-28

eurchf hourly 6 feb 09
Swissy Sees Some Slight Improvement   Swissy is seeing some slight improvement in afternoon trade, the EUR/CHF cross presently down at 1.4900 from the 1.4990 session high posted earlier. The general flight to perceived safety, with gold fast approaching $1,000, will be playing a part with swissy’s safe haven premium coming into play. However how …

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