Swiss Economicblogs.org
Swiss Franc The Swiss Franc appreciated today against the euro. Given that the Bank of England started monetary easing, this slight appreciation is unexpectedly weak – reason was probably intervention. The SNB intervention level should be around 1 billion francs. Numbers revealed in next week’s sight deposits. Click to enlarge. Bank of England The Bank of England owns today, though tomorrow will be about the US...
Read More »FX Daily, August 04: The BOE Owns Today, but Tomorrow is a Different Story
