In its monetary assessment the SNB maintains the EUR/CHF floor and warned against further risks in the euro zone. The SNB has downgraded the inflation path to -0.2% (previously-0.1%) in 2013 and +0.2% (+0.4%) in 2014.We do not completely agree.
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Tag Archive: Libor
The Swiss-tuation: Negative LIBOR
[unable to retrieve full-text content]We're through the looking glass, people! Not only is Abercrombie & Fitch paying people not to wear its clothing, but now some bank somewhere claims to be getting a negative rate to lend Swiss francs in the short term to another bank.
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EUR/CHF, a Year of Free Market (07/2010-07/2011): September 2010
Cable Showing Signs Of Tiredness Cable rallied above 1.5900 in the early European rush to sell EUR/GBP but the sharp fall since doesn’t bode well for the short term bulls. I personally have exited most of my long position and will look to reinstate towards 1.5500. GBP/CHF once again halted at the major 1.5360 low … Continue reading »
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