Swiss Economicblogs.org
Swiss Franc The EUR/CHF accelerated its decline since yesterday’s strong Swiss trade balance data. The second reason was certainly the Fed decided to keep rates unchanged. We know that the Swiss Franc has similar “counter-dollar” status as gold. Click to enlarge. Japan Much of what the Bank of Japan announced today had been largely leaked. While there was a sizeable response in the asset markets, the dollar’s...
Read More »FX Daily, September 21: BOJ Can’t Weaken Yen, Fed keeps Rates Unchanged, CHF Stronger
