Tag Archives: 1) SNB and CHF

Key developments in 2019 The current account surplus for 2019 was CHF 86 billion, CHF 29 billion more than the previous year. This increase was principally due to growth in primary income (labour and investment income). In the year under review, receipts exceeded expenses by CHF 14 billion, whereas in the two previous years, expenses had significantly exceeded receipts. The main contributors to this development had been finance and holding companies, which had...

Die SNB steht bereit, bei Bedarf zusätzliche Massnahmen zur Sicherung der Liquidität zu treffen. (Bild: Shutterstock.com/Distinctive Shots) Die Schweizerische Nationalbank (SNB) belässt ihren Leitzins sowie den Zins auf Sichtguthaben bei -0,75%, wie sie am Donnerstag im Rahmen der geldpolitischen Lagebeurteilung mitteilte. Sie interveniert verstärkt am Devisenmarkt, um zur Stabilisierung der Lage beizutragen. Dabei betrachtet sie die gesamte Währungssituation....

[caption id="attachment_439311" align="alignleft" width="400"] SNB chairman Thomas Jordan said the central bank will continue to defend the franc. (Keystone / Marcel Bieri)[/caption] The Swiss National Bank (SNB) has kept interest rates unchanged at -0.75% but is easing the burden on commercial banks. The SNB said on Thursday that it is also intervening on the foreign exchange markets to keep the franc from appreciating too far, too fast. The SNB’s...

Swiss National Bank maintains expansionary monetary policy, raises negative interest exemption threshold, and is examining additional steps Coronavirus is posing exceptionally large challenges for Switzerland, both socially and economically. Uncertainty has risen considerably worldwide, and the outlook both for the global economy and for Switzerland has worsened markedly. The Swiss franc is even more highly valued, and the world’s financial markets are under strong...

Die Schweizerische Nationalbank belässt den Leitzins auf dem seit mehr fünf Jahren geltenden Rekordtief von minus 0,75 Prozent. Das gab die SNB am Donnerstag nach ihrer geldpolitischen Lagebeurteilung bekannt. Das dreiköpfige SNB-Direktorium um Notenbankchef Thomas Jordan setzt neben den Negativzinsen auf Eingriffe am Devisenmarkt, um einer starken Aufwertung des Franken entgegenzusteuern. Auf diese Interventionen will die SNB verstärkt setzen. Der Franken gilt unter...

Die SNB hat 2019 wieder mehr Fremdwährungen gekauft. Die Schweizerische Nationalbank (SNB) hat im vergangen Jahr Fremdwährungen im Gegenwert von insgesamt 13,2 Mrd. Franken gekauft, wie sie in ihrem am Donnerstag veröffentlichten Geschäftsbericht 2019 schreibt. Das ist eine deutliche Zunahme gegenüber dem Vorjahr, in dem lediglich 2,3 Mrd. Franken für Devisenkäufe aufgewendet wurden. Grund für die verstärkte Intervention war der sich ab Mai 2019 wieder deutlich...

The 2019 Annual Report of the Swiss National Bank is published on the SNB website. Download PDF Related posts: Swiss National Bank expects annual profit of 49 billion francs 2019-10-22 – Swiss National Bank opens SNB Forum for interested expert audience The Swiss National Bank reports a profit of CHF 51.5 billion for the first three quarters of 2019 Swiss National Bank expects profit of CHF49 billion for 2019...

USD/CHF stays positive near a three-week high. The resistance line of an eight-day-old rising trend channel limits the immediate upside. 200-bar SMA offers immediate support, SNB in the spotlight. USD/CHF pulls back from the resistance line of a short-term rising trend channel while taking rounds to 0.9695, up 0.16%, during the early Thursday. In addition to the channel’s resistance, nearly overbought RSI conditions also challenge the pair’s further upside. However,...

USD/CHF is reversing up sharply from the 2020 lows.  The level to beat for bulls is the 0.9750 resistance. USD/CHF daily chart USD/CHF is rebounding sharply from 2020 lows while nearing the 100 SMA on the daily chart. The demand for the greenback is dring the currency pair towards the 2020 highs. USD/CHF daily chart(see more posts on USD/CHF, ). USD/CHF four-hour chart The spot spiked to the upside while reaching new March’s highs while trading above the main...

USD/CHF slips from a two-week high. 61.8% Fibonacci retracement, 200-day EMA add to the resistances. While extending its U-turn from 50-day EMA, USD/CHF drops 0.30% to 0.9583 ahead of the European session on Wednesday. The pair currently declines towards 38.2% Fibonacci retracement of its fall from November 2019, at 0.9500. However, an upward sloping trend line since March 09, near 0.9470 now, could restrict further downside. In a case where the bears dominate...