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Tag Archives: finance
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 M²
Tagged CHF, dollar, federal reserve, Federal Reserve Bank of New York, finance, foreign exchange, forex, macroeconomics, markets, NY, SNB, swiss franc, Swiss National Bank, USD
How Much Yen Did Japan Buy Last Friday?
It’s still amongst the hot topics several days after it happened, understandably. Many of us would still like to know how much yen Japan’s Ministry of Finance bought in its concerted raid with G7 partners, commencing early in European trading … Continue reading
Posted in M²
Tagged Bank of Japan, BOJ, dollar, economics, finance, foreign exchange, forex, intervention, Japan, JPY, ministry of finance, MOF, USD, yen
