On Friday there was a big movement in the EUR/CHF. First it went up to 1.2154, fell later down to 1.2080 in the main American trading and rose again to 1.21 in the low-volume trading time. We repeat our entry from Friday, because we continuously updated the post after new developments, e.g. after the … Continue reading »
Read More »
Tag Archive: monetary data
The Big Swiss Faustian Bargain: Differences between SNB, ECB and Fed Money Printing Explained
In this post we show that the risks the Fed, the ECB and the Bundesbank incur are far smaller than the one the Swiss SNB takes. The Fed has “just” an inflation risk, that could cost 200 billion US$, 1.2% of US GDP. The ECB and Bundesbank have the risk that the euro zone splits … Continue reading »
Read More »
Read More »
SNB Results: SNB poised for 10 billion CHF quarterly profit
On July 31st the Swiss National Bank will publish interim results for the second quarter 2012. Already now we offer an estimate to our readers. Our estimate does not cover the central bank’s Forex trading results, they are difficult to estimate. A central bank is not a day trader, therefore the influence should be limited. …
Read More »
Read More »
The win of the pro-bailout parties in the Greek elections was no win for the SNB
The win for the pro-bailout parties in the Greek elections was no win for the Swiss National Bank (SNB), even if the fear of an immediate bank-run and extreme money flows into Switzerland are avoided. Also the fact that QE3 is not coming in the next weeks did not help the SNB.
Read More »
Read More »
Another week, another 14 bln. francs printed
According to the newest monetary data, in the week ending June 8th, the unsterialized money supply (as measured in sight deposits of domestic and foreign banks and deposits by the Swiss confederation) increased by 14 billion Swiss francs.
Read More »
Read More »
SNB rate decision June 18th 2009
Extracts from the History of the Swiss Franc Courtesy on EasyForex.com SNB rate decision June 18th 2009 Written by Michael J. Malpede Wednesday, 17 June 2009 18:23 GMT The Swiss National Bank (SNB) will hold its monetary policy meeting on Thursday June 18th.The SNB is expected to hold rate policy steady at 0.00%-0.75%.Recent Swiss economic …
Read More »
Read More »