Tag Archives: SNB
Weekly Report
China recovery weak but strengthening China stocks in July-August have been resilient to geopolitical driven risk aversion sell-off.
Weekly Report
Shift in message As was expected there were no real fireworks at the last FOMC meeting.
Weekly Report
SNB’s loose policy requires stricter regulatory measures The Swiss National Bank kept its 3-month libor target unchanged at 0.00-0.25% and pledged to
CHF: gravity pulls
The Swiss National Bank keeps the status quo, blessing a weaker CHF. We do see higher EURCHF at the end of 2014 and on…but the USDCHF will likely come down in the near term on broad USD weakness post FOMC,
Don’t Fret About SNB Floor
What can the SNB do if the ECB cuts rates on Thursday? Assuming the floor stays inplace there are three possibilities:
FX: final call, EURUSD
The EURUSD tapped the 200D MA, but still needs to confirm on higher volume. The USD uptrend has begun? Not if USDCHF stalls here.
SNB Affirms FX Target As Inflation Forecasts Are Trimmed Again
The Swiss National Bank Thursday left its minimum exchange rate of CHF 1.20 per euro unchanged and stressed it remains willing defend the cap by buying foreign currencies in unlimited quantities.
Pre SNB: Remaining sidelined
At its June meeting we expect the SNB Governing Board to: • Retain its monetary policy stance
Thoughts on the SNB rate decision
PAUL MACKEL : Thoughts on the SNB rate decision – My view is that the SNB will raise it to 1.25 but not 1.30. I’m in the consensus. I don’t think the SNB needs to raise it to 1.30 just yet. Why doesn’t the SNB just keep jawboning the CHF lower and let the market […]