Tag Archive: Switzerland

The Line in Sand of 1.50 Collapses (December 2009, January 2010)

Jan. 26th 2010 Extracts from the history of the Swiss Franc Pull up a 1-year chart of the Euro against the Swiss Franc, and you’ll quickly notice a salient trend: the exchange rate has hovered slightly above €1.50 since last March, with three notable deviations. The first occurred last March, when the Swiss National Bank (SNB) …

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SNB Could Intervene…Again (September 2009)

Sep. 29th 2009   Extracts from the history of the Swiss Franc (September 2009)   After a brief “hiatus,” the Swiss Franc is once again rising, and is now dangerously close to the $1.50 CHF/EUR “line in the sand” that spurred the last two rounds of Central Bank Intervention.Both from the standpoint of the Swiss …

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Recent History of the Swiss franc, August 2009

A market view history of the EUR/CHF from the website ForexLive August 2009 Swiss KOF Leading Indicator Much Stronger Than Expected The Swiss KOF leading indicator for August has come in at -0.04 from a revised -0.85 in July, much stronger than the median forecast of -0.60.  The indicator’s m/m rise in August is the strongest … Continue reading...

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Swiss National Bank Still Committed to FX Intervention (July 2009)

Jul. 17th 2009 Extracts from the history of the Swiss franc (July 2009). When the Swiss National Bank (SNB) intervened three weeks ago in forex markets, the Swiss Franc instantly declined 2% against the Euro. Since then, the Franc has risen slowly, and it’s now in danger of touching the “line in the sand” of …

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Recent History of the Swiss Franc: June 2009

  A market view history of the EUR/CHF from the website ForexLive June 2009 Don’t Get Too Fancy- Most Of The Clues Are Face-Up On The Table EUR/USD: big option play has tied the market in for the last 2 weeks and there are 2 more to go we believe. 1.3750/1.4250 range on the wide but … Continue reading »

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SNB Intervenes on Behalf of Franc (June 2009)

Jun. 26th 2009 Extracts from the history of the Swiss franc (June 2009)   Back on March 12, the Swiss National Bank issued a stern promise that it would actively seek to hold down the value of the Swiss Franc (CHF) as a means of forestalling deflation. The currency immediately plummeted 5%, as traders made … Continue...

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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 …

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Recent History of the Swiss Franc: April 2009

A history of the EUR/CHF from the website ForexLive April 2009 Selling EUR/CHF Seems Akin To Poking Billy Goat Gruff With A Sharp Stick It seems to me selling the EUR/CHF cross down here is akin to poking the elder billy goat gruff with a sharp stick.  You get it, Alpine meadows, goat herds….(Ok I know … Continue reading »

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Recent History of the Swiss franc: March 2009

A history of the EUR/CHF from the website ForexLive March 2009 Be Warned, April Fools Day Don’t believe everything you hear today as somebody might be having you on! The CHF is making a comeback and it’s imminent demise, which I have been forecasting, is obviously greatly exaggerated. EUR/CHF is back under 1.5100 and no sign … Continue reading »

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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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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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Deutliche Unterschiede bei Bruttonationaleinkommen und Bruttoinlandsprodukt

  Deutliche Unterschiede bei Bruttonationaleinkommen (BNE) und Bruttoinlandsprodukt (BIP) Im Gegensatz zu Irland und Luxemburg, wo das BIP wesentlich grösser als das BNE ist, ist es mit der Schweiz umgekehrt. Aufgrund der globalen Aktivitäten der Schweizer Firmen wuchs das BNE in den letzten Jahren wesentlich stärker als das BIP. Die einzige Ausnahme sind 2007 und 2008, …

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