Swiss Franc The Euro has risen by 0.12% to 1.1665 CHF. EUR/CHF and USD/CHF, November 29(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Prospects of a deal with the EU has sent sterling to its best level in two months against the dollar. It reached $1.3430 in early European turnover. It had sunk to nearly $1.3220 yesterday as European markets were closing, which was a...
Read More »
If we stop counting zombies, we’re already in recession. How shocked would you be if it was announced that the U.S. had just entered a recession, that is, a period in which gross domestic product (GDP) declines (when adjusted for inflation) for two or more quarters? Would you really be surprised to discover that the eight-year long “recovery,” the weakest on record, had finally rolled over into recession? Anyone with...
Read More »
EUR/CHF The SNB is intervening for 3 bn. CHF per week, this is far too much at these elevated Euro and Dollar levels. With two times positive economic data (here and here) about good news on internal demand, she might be finally be ready to let the euro fall. EUR/CHF - Euro Swiss Franc, March 30(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The Pound to Swiss Franc exchange rate has opened up flat...
Read More »
Swiss Economicblogs.org
