SNB & CHF

Quizfrage: Was kurbelt den Schweizer Tourismus mehr an? Der Kauf von Hanf-Aktien in den USA für 80 Millionen Franken oder der Bau der Stoosbahn für 80 Millionen Franken? Welches ist Ihre Antwort, verehrte Leserin, verehrter Leser? Meine Antwort ist schon jetzt klar: Der Bau der neuen Stoosbahn ist ungleich viel effizienter, um den Schweizer Tourismus anzukurbeln. Warum? Gerne begründe ich das. Der Stoos ist eine...

Swiss Franc The Euro has fallen by 0.14% to 1.0918 EUR/CHF and USD/CHF, August 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: While investors keep a watchful eye on the dollar fix in China (a little firmer than projected) and tensions with the US, two other developments compete for attention. The Reserve Bank of New Zealand and the central banks of India and...

Sterling slides against the Swiss Franc as Brexit and the global economic outlook weigh on the Pound The pound to Swiss franc exchange rate has fallen lower below 1.20 for the GBP vs CHF pair with interbank rates currently sitting at 1.189. The slide in the pound against the Swiss franc has presented those looking to sell Swiss francs with an opportunity to convert when compared to recent months. Brexit is one factor...

The Swiss franc has started to appreciate in value against other currencies, including the euro, once again. One knock-on effect of the escalating trade war between the United States and China is that the Swiss franc is becoming more attractive for investors – putting pressure on the Swiss National Bank (SNB) to come to the defence of the safe haven currency. For much of July a euro bought at least CHF1.10. But the...

Policies relating to sound money have been the subject of substantial debate at the state level this year, with bills, hearings, and/or votes taking place in nearly a dozen legislatures. As most state legislatures have now wrapped up their work for the year, let’s review the victories (both offensive and defensive)—and lone defeat—for sound money during the 2019 session. The Sound Money Defense League’s primary goal is...

Japan’s central bank has little room for further easing despite a downbeat outlook. At its monetary policy meeting on 30 July, the Bank of Japan (BoJ) decided to keep its monetary policy unchanged, as expected. The decision came as the Japanese economy faces strong external headwinds and a downbeat outlook for domestic demand. However, we do not expect the BoJ to make any changes to its current monetary easing...

Swiss Franc The Euro has risen by 0.23% to 1.0928 EUR/CHF and USD/CHF, August 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The escalation of the economic conflict between the world’s two largest economies is dominating the capital markets. The US cited China as a currency manipulator after the North American markets closed, ensuring the troubled start to...

There are no guarantees, no matter how monumental the hubris and confidence. The American lifestyle and economy depend on a vast number of implicit guarantees— systemic forms of entitlement that we implicitly feel are our birthright. Chief among these implicit entitlements is the Federal Reserve can always “save the day”: the Fed has the tools to escape either an inflationary spiral or a deflationary collapse. But there...

Aug.05 -- Marc Chandler, chief market strategist at Bannockburn Global Forex, discusses the U.S. calling China a currency manipulator and China’s possible reaction. He speaks on “Bloomberg Markets: China Open.”

President Trump’s tweets last week announcing the end of the tariff truce signaled a new phase in the US-Chinese tensions. China responded as did investors. I was fortunate to have been invited to the Bloomberg set to discuss the issues of the day. In this two-minute clip, I suggest there will be far-reaching implications for investors. World growth is getting marked down as deflationary forces strengthen. The...