Tag Archives: CHF

The Great SNB / NY Fed USD Swap Mystery

The Swiss National Bank has a USD swaps facility with The Federal Reserve Bank of New York.On behalf of a Swiss investment bank following a request, the SNB effectively applied for $200M-worth of dollars on Aug. 10 and the amount … Continue reading

Posted in | Tagged , , , , , , , , , , , , , | Comments Off on The Great SNB / NY Fed USD Swap Mystery

Expect short-term tumble, but no long-term USD collapse

What a weekend. I sense that many have been reluctant to get involved in the necessary task of trying to work out what the two almost seismic bits of financial news over the weekend mean. However many did get involved. … Continue reading

Posted in | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off on Expect short-term tumble, but no long-term USD collapse

One Day, CHF and EUR, Will Be €1

With the world beset by all manner of crises right now, the Swiss franc is most likely on the closest to a vertical trajectory as we’ll ever see in our time. (We hope.)  And during such times, there there’s often … Continue reading

Posted in | Tagged , , , , , , , , , , , , , , , , , | Comments Off on One Day, CHF and EUR, Will Be €1

Where is European ‘Cash’ Hiding?

Risk. Without another full-blown financial crisis, could most parts of the financial markets be any riskier right now? Hence the perennial search for assets to add which serve to reduce risk. You might like to take a look at this … Continue reading

Posted in | Tagged , , , , , , , , , , , , | Comments Off on Where is European ‘Cash’ Hiding?

The week’s off and on risky, European affair

#CHF and #JPY strength into the Western evening on Wednesday and early in #Asia underscores the switching back off of ‘risk’ after quite a battering for that sentiment in the last 36 hours. You name it, we’ve had it: profit … Continue reading

Posted in | Tagged , , , , , , , , , , , , , | Comments Off on The week’s off and on risky, European affair