Tag Archive: Switzerland Money Supply

Is the play time over for the SNB ? SNB Buys Euros Again, but the EUR/CHF does not move a pip

As also noticed by Credit Suisse, the Swiss National Bank had to buy euros and sell Swiss francs in the week of May 11th to May 18th. Their recent easy strategy to sell euros and buy Swiss Francs and to diversify from euros into other currencies may not continue.

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SNB buys Swiss Francs and sells Euro: Welcome to the EUR/CHF peg

Why the big Q1 loss of the SNB was actually a big win for the central bank Anybody watching the EUR/CHF exchange rate this year was wondering why the volatility the pair saw last year had completely left. The pair slowly fell from 1.2156 over 1.2040 at the end of Q1 to 1.2014 today. FX … Continue reading...

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Oil price increases in 2012 and why they are not real

Oil prices  Oil prices will rise quickly this year along with the recovery, the Iran issues and last but not least driven by investor demands of yield, implemented in the HFT algos. Interestingly the Iran issues already existed in December, but oil prices were falling, at that moment investors did not believe in a global recovery yet, …

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11) Monetary & Fiscal Policy



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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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