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SNB & CHF

Crypto Wealth Report: Integration of Cryptocurrencies Boosted by Institutional Interest

Cryptocurrencies are increasingly being integrated into traditional finance, driven by both retail and institutional interest. Financial institutions are embracing tokenization and institutional investors are increasingly entering the cryptocurrency market. Bitcoin, in particular, is emerging as a valuable diversification tool in wealth management, highlighted for its low correlation with traditional asset classes and its strong growth performance, a new report by...

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What Switzerland can learn from Silicon Valley and Hippies

In his 50 years in the USA, St. Gallen psychologist and consultant Herman Gyr has never lost faith in human ingenuity, the ability to learn and adapt to even the most adverse circumstances. This is despite the fact that climate change is his biggest concern. In this exclusive interview with SWI swissinfo.ch, Gyr shared his insight into what he thinks are the key influences that drive innovation in Silicon Valley. Search for 'The Swiss Connection' wherever you get your podcast!...

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Watergate-era “reforms” made the federal government even stronger

Today is the fiftieth anniversary of the resignation of President Richard Nixon, who later was pardoned of all Watergate crimes by President Gerald Ford. The Watergate break-in occurred at the Democratic National Committee headquarters office in June 1972 at the Watergate building in Washington, DC, during a presidential election year. The Nixon Administration exerted great effort to conceal its involvement in the break-in. The United States Department of Justice and...

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USD/CHF attracts some sellers below 0.8600 as geopolitical risks draw investors to safe-haven Swiss Franc

USD/CHF loses traction around 0.8590 in Thursday’s early European session, down 0.30% on the day.  The US Fed is expected to cut rates more aggressively beginning in September. Strong safe-haven demand benefits the Swiss Franc against the Greenback.  The USD/CHF pair drifts lower to near 0.8590 during the early European session on Thursday. The Swiss Franc (CHF) gains traction from the unwinding of carry trades and escalating geopolitical...

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Uniting refugees and host communities through sport | Listen to our Inside Geneva #podcast ?

On our Inside Geneva podcast, we interview a career woman and an asylum seeker in Geneva who are working together to promote inclusion through sport. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel.

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US Dollar set for second day of gains while volatility declines and market woes fade

The US Dollar recovers for a second day in a row this week.  The BoJ dropped mixed messages on its monetary policy.  The US Dollar index pops above 103.00 and rallies higher on Wednesday.  The US Dollar (USD) recovers as all asset classes start to head back to more normal levels. Equities are behaving quite well and are stable, volatility is easing, and safe havens such as Japanese Yen (JPY) and Swiss Franc (CHF) are easing further against the...

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America reaches a sad milestone

Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost 200 years after the Constitution’s ratification!The fact that the government was adding one trillion dollars in debt in little over half a year was not deemed worthy of comment by President Biden, Vice President Harris, and most other US...

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