SNB & CHF

Swiss Franc The Euro has fallen by 0.06% to 1.0883 EUR/CHF and USD/CHF, August 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: China again tried to temper the downside pressure on the yuan, and this appears to be helping the risk-taking attitude. Many centers in Asia were closed today, including Japan and India, though most of the other equity markets advanced...

Darauf deuten die Sichtguthaben bei SNB hin, die als Indiz für solche Interventionen gelten und in der vergangenen Woche deutlich gestiegen sind. Die Einlagen von Bund und Banken lagen am 9. August bei 585,5 Milliarden Franken, wie die SNB am Montag mitteilte. Das ist ein Anstieg von rund 2,8 Milliarden gegenüber der Vorwoche. Schon in den beiden Vorwochen waren die Sichtguthaben um 1,5 und 1,7 Milliarden angestiegen,...

Increased trade tensions have boosted the gold price to above USD 1,500. The increased trade tensions following Trump’s 1 August tweet threatening additional tariffs on Chinese goods has boosted the gold price above USD 1,500 per troy ounce. The recent developments are supportive of gold investment demand because of a lower opportunity cost associated with holding gold and greater demand for safe haven assets. Coupled...

A study by the University of Applied Sciences and Arts of Northwest Switzerland shines a light on homelessness in Switzerland. Despite a social welfare net, there are still people dropping out of the system. On a stroll around Bern's public parks, Roger, who's been homeless for 22 years, tells his story. Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- swissinfo.ch is the...

A study by the University of Applied Sciences and Arts of Northwest Switzerland shines a light on homelessness in Switzerland. Despite a social welfare net, there are still people dropping out of the system. On a stroll around Bern's public parks, Roger, who's been homeless for 22 years, tells his story. Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- swissinfo.ch is the...

The “traditionalist” Neocons are going to have to decide to fish or cut bait. I’ve been writing about the fracturing Deep State for the past five years: The conflict has now reached the hot-war stage where bodies are turning up, explained away by the usual laughable covers: “suicide,” “accident” and “heart attack.” That Jeffrey Epstein’s death in a secure cell is being labeled “suicide” tells us quite a lot about the...

Climate will be a big debating point for October’s parliamentary elections. (© Keystone / Peter Klaunzer) Analysis of survey questions filled out by Swiss politicians in 2015 and 2019 shows a marked turnaround in attitudes towards the introduction of a carbon tax on fuel. The Smartvote online platformexternal link asks politicians various attitudinal questions in an effort to help voters make up their minds in the lead...

The US-China tensions remain the dominant driver of investor risk appetites. President Trump has repeatedly accused China of manipulating its currency on twitter, and finally Treasury Secretary Mnuchiin acquiesced after China failed to prevent the dollar from rising above CNY7.0. China set the reference rate for the dollar lower than models based on the basket the PBOC uses implied for the past three sessions, and this...

On the one hand, it’s a small silver lining in how many even in the mainstream are beginning to realize that there really is something wrong. Then again, they are using “trade wars” to make sense of how that could be. For the one, at least they’ve stopped saying China’s economy is strong and always looks resilient no matter what data comes out. Even after all that supposed “stimulus” starting in the middle of last year...

The demand for the Swiss franc decreases as Wall Street indices are gaining strength.  The level to beat for bulls are at 0.9790 and 0.9815 level. USD/CHF daily chart USD/CHF is trading off 2-month lows below the main daily simple moving averages (DSMAs). Equity markets are recovering from the recent selloff easing the demand for safe-haven currencies such as CHF and JPY. USD/CHF daily chart - Click to enlarge...