Tag Archives: Strong Swiss Franc

Tribune de Genève. After more than two years of a highly overvalued franc, relative to the euro, the currency should ease in the near term reckons Thomas Flury, senior currency strategist at UBS. He expects a euro to be worth 1.14 francs in 6 months and 1.16 within a year. © Alys | Dreamstime.com Emmanuel Macron’s victory and Marine Le Pen’s defeat in the second round of France’s presidential election support this trend. However these are not the only forces at work. A number of experts and...

Tribune de Genève. After more than two years of a highly overvalued franc, relative to the euro, the currency should ease in the near term reckons Thomas Flury, senior currency strategist at UBS. He expects a euro to be worth 1.14 francs in 6 months and 1.16 within a year. © Alys | Dreamstime.com Emmanuel Macron’s victory and Marine Le Pen’s defeat in the second round of France’s presidential election support this trend. However these are not the only forces at work. A number of experts and...

Investec Switzerland. The Swiss franc climbed on Wednesday as global stocks fell and demand for haven assets increased on growing concerns that the U.S. presidential race had tightened. © Valeriya Potapova | Dreamstime.com The franc reached its strongest level versus the euro since June and advanced against the dollar. Demand for havens is being stoked after an ABC poll showing Republican candidate Donald Trump narrowly ahead in the U.S. presidential race a week before the...

Investec Switzerland. The Swiss franc climbed on Wednesday as global stocks fell and demand for haven assets increased on growing concerns that the U.S. presidential race had tightened. © Valeriya Potapova | Dreamstime.com The franc reached its strongest level versus the euro since June and advanced against the dollar. Demand for havens is being stoked after an ABC poll showing Republican candidate Donald Trump narrowly ahead in the U.S. presidential race a week before the...

Investec Switzerland. Swiss National Bank President Thomas Jordan keeps saying the franc is “significantly overvalued.” And that’s despite the central bank’s record-low deposit rate and occasional currency market interventions. © Dariusz Kopestynski | Dreamstime.com While the franc is typically a top choice for foreign investors looking for a safe place to park their money, anxieties about the euro area’s debt burden or Brexit aren’t the only factor. The residents of...

A very insightful post from Bloomberg. We added some more explanations. We explained that the dollar is currently more overvalued than the Swiss Franc. Swiss National Bank President Thomas Jordan keeps saying the franc is “significantly overvalued.” And that’s despite the central bank’s record-low deposit rate and occasional currency market interventions. While the franc is typically a top choice for foreign...