Tag Archives: 1) SNB and CHF

The Swiss National Bank (SNB) has the mandate to maintain CPI inflation near 2% on a yearly basis but is currently running at just 0.2%. CHF’s strength is not welcomed by SNB, economists at Rabobank reports. Key quotes “The strong performance of the CHF can be associated with Switzerland’s robust fundamentals which ensure that the currency is considered by many investors to be store of value. While there have been a wide number of exogenous factors which have sparked...

USD/CHF is slowly advancing printing fresh 2020 highs by a few pips. The rising wedge formations can limit the upside on USD/CHF.  USD/CHF daily chart USD/CHF is printing new 2020 highs while the quote is trading below the 100/200-day simple moving averages suggesting an overall bearish momentum. USD/CHF daily chart(see more posts on USD/CHF, ) - Click to enlarge USD/CHF four-hour chart After USD/CHF broke below the rising wedge pattern the market made a retest...

Cet post a pour but de vous informer de la création d’une page dédiée à la Monnaie. Vous la trouverez à cette adresse: https://lilianeheldkhawam.com/monnaie-dossier/ Monnaie et globalisation marchent main dans la main. Elles sont intimement liées à l’avènement du Nouveau Monde. C’est par la Monnaie que se décide l’avenir que ses créateurs voudront bien accorder à l’humain dans une société qu’ils veulent hautement rationalisée. Quelle place offriront-ils aux...

USD/CHF stalls the previous day’s declines after breaking the weekly support line (now resistance). Late-December lows limit immediate upside, 50% Fibonacci can check the declines. Bearish MACD favors further weakness in the quote. USD/CHF clings to 0.9755 during the pre-European session on Wednesday. The pair snapped six-day winning streak on the break of an ascending trendline since February 03. However, 61.8% Fibonacci retracement of December 24-January 16 fall...

USD/CHF created a rising wedge pattern suggesting potential exhaustion in the medium term. The level to beat for bears is the 0.9770 support.   USD/CHF daily chart USD/CHF is pulling back down slightly from the 2020 highs while reintegrating Friday’s range. The spot is trading below the 100/200-day simple moving averages suggesting an overall bearish bias. USD/CHF daily chart(see more posts on USD/CHF, ) - Click to enlarge USD/CHF four-hour chart USD/CHF is...

Note: Ce post est une erreur. Son contenu correspond en fait à la page dédiée à l’or suisse de la banque centrale. https://lilianeheldkhawam.com/lor-de-la-banque-nationale-suisse/ Cette erreur est intervenue dans le cadre de la création de la page sur la Monnaie, que je vous invite à visiter ici: https://lilianeheldkhawam.com/monnaie-dossier/ Avec mes excuses. LHK Change in Central Bank Gold Reserves by Country - Click to enlarge...

Urs Rohner, VR-Präsident der Credit Suisse. Bild: ZVG Nach der Absetzung von Tidjan Thiam als operativer Chef der Credit Suisse wurde von verschiedenen Seiten auch gefordert, dass VR-Präsident Urs Rohner bereits auf die kommende Generalversammlung hin seinen Hut nimmt, so etwa vom Stimmrechtsberater Ethos. Rohner will sich aber an der kommenden GV von Ende April für ein letztes Jahr noch einmal wählen lassen. Im Jahr 2021 sollte er dann altershalber zurücktreten. Die...

Was ist es, was uns im Falle des Überwachungsskandals der CS so stark verstört hat? Mir fallen drei Punkte auf. Erstens die Tatsache, dass die Schweizer Grossbank offensichtlich einen eigenen internen geheimen Überwachungsdienst unterhält, der Arbeitnehmer auch ausserhalb des Arbeitsplatzes und ihrer Arbeitszeiten überwacht respektive bespitzelt. Zweitens ist es verstörend, dass sich der betreffende verdeckte Überwachungsmann, der einen Badge der CS hatte, das Leben...

CHF struggles to find demand as a safe-haven on Friday. US Dollar Index pushes higher above the 98.50 mark. Nonfarm Payrolls in US is expected to come in at 160K in January.  The USD/CHF pair closed the last four trading days in the positive territory and continued to edge higher on Friday to touch its best level since December 27th at 0.9772. As of writing, the pair was up 0.2% on the day at 0.9763. The sour market mood fails to help the CHF find demand as a...

The current monetary environment in Switzerland is as far from ordinary as can be imagined: negative interest rates (from -0.75% in the short term to -0.25% for 50Y govt bonds) and oceans of liquidity (M0 has grown to 50% of M3 from pre-crises levels of around 8%). The Swiss National Bank faces criticism because it is seen as contributing to this state of affairs. Both the critique and the counter-arguments have many facets. Let us pick just one of them: is the SNB...