Tag Archive: Swiss National Bank
SNB Fulfills Promise of Forex Intervention, Franc Collapses (March 2009)
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)
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
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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Swiss Franc in Spotlight (January 2009)
Jan. 29th 2009 Extracts from the history of the Swiss franc (January 2009). The Swiss Franc is in the same boat as the US Dollar and Japanese Yen, benefiting from an increase in risk aversion and an unwinding of carry trade positions. In other words, the currency rising on the back of the sound monetary … Continue reading...
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Credit Crisis Could Lift Yen, Franc (July 2008)
Jul. 31st 2008 Extracts from the history of the Swiss franc (July 2008). As the credit crisis has unfolded, the Dollar has remained (relatively) strong, especially considering the deteriorating state of its economy. The reason for this, of course, is that in times of crisis, investors flock to perceived safe havens, such as the …
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Swiss Inflation, GDP, Monetary Base between 1974 and 2000
Some background statistics on the Swiss monetary policy in the 1970s from Swiss Monetary Targeting 1974-1996: The role of internal policy analysis. More details and monthly data on inflation here.
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