Tag Archives: Euro

Swiss Franc Currency Index The Swiss Franc index continued around its 4% loss since the U.S. elections, while the US Dollar index had a 4% increase. Trade-weighted index Swiss Franc, December 02(see more posts on Swiss Franc Index, ). Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket) On a three years interval, the Swiss...

Submitted by Simon Black via SovereignMan.com, It’s happening faster than we could have ever imagined. Every time we turn around, it seems, there’s another major assault in the War on Cash. India is the most notable recent example– the embarrassing debacle a few weeks ago in which the government, overnight, “demonetized” its two largest denominations of cash, leaving an entire nation in chaos. But there have been...

Swiss Franc Currency Index At least against the Swiss Franc index, the dollar index could further advance last week. We had observed SNB interventions in the previous week that kept the euro mostly above 1.07. Investors were hedging against the Trump reflation trade and potential inflation that comes with it. Trade-weighted index Swiss Franc, November 25(see more posts on Swiss Franc Index, ). Source: FT.com -...

Swiss Franc Currency Index The weeks after Trump’s election continue to see a weakening of the Swiss Franc, while the dollar index is on a steady rise. Still both the euro and the yen have seen worse performance than the Swiss Franc. The euro is currently under 1.07 CHF. Trade-weighted index Swiss Franc, November 18(see more posts on Swiss Franc Index, ) Source: FT.com - Click to enlarge Swiss Franc Currency Index...

Submitted by Ronan Manly, BullionStar.com The European Central Bank (ECB), creator of the Euro, currently claims to hold 504.8 tonnes of gold reserves. These gold holdings are reflected on the ECB balance sheet and arose from transfers made to the ECB by Euro member national central banks, mainly in January 1999 at the birth of the Euro. As of the end of December 2015, these ECB gold reserves were valued on the ECB...

Swiss Franc Currency Index and the Trump Reflation Trade The Swiss Franc Index rose sharply, shortly after the U.S. elections. But then the Trump reflation trade came. Trump may fulfills the wet dreams of many economists. With tax cuts he might extend the U.S. fiscal deficit up to 10% per year. This resulted in: Gains on U.S. stocks and other dollar-denominated assets. In particular by yield-seeking Japanese pension...

Swiss Franc Currency Index As visible in the graph, the Swiss Franc index recovered most of its losses against the US Dollar Index for the last 30 days. In the last 30 days, both the USD currency index and the CHF currency index have had a positive performance. The USD dollar index still with a +1%, while the CHF index is finally slightly in positive territory. Clearly the major reason, is a new 6 month low on...

Swiss Franc Currency Index The Swiss Franc showed some improvement at the end of the week, when recovered some of the losses seen this month. Trade-weighted index Swiss Franc, October 28, 2016(see more posts on Swiss Franc Index, ) - Click to enlarge Swiss Franc Currency Index (3 years) The Swiss Franc index is the trade-weighted currency performance (see the currency basket) On a three...

From the NZZ:

Swiss Franc Currency Index The Swiss Franc index was lagging once again compared to the dollar index. The dollar index is up exactly 3% this month, while the CHF index is down 2%. The EUR/CHF has reached the SNB intervention area at the “new floor area of 1.08 to 1.0850. On Monday we will learn about the latest SNB interventions in our weekly sight deposits. Trade-weighted index Swiss Franc, October 22 2016(see...