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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Tag Archive: negative interest
Capital controls: The poison cupboard of the SNB
The SNB has already tried a lot to weaken the franc. A (google) translation of a list of capital controls of the Never Mind the Markets blog. The fear of the economic effects Brake by an overvalued franc increases. Massive interventions by the Swiss National Bank (SNB) with € purchases are now ineffective fizzles. Does it …
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JP Morgan: Reflections on negative interest rates in Switzerland
Negative interest rates naturally attract attention given Switzerland’s use of these between 1972-1978.
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