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Research Results

Results for 'SNB'

3 articles with this tag name

GBP/CHF could surge as SNB responds to ECB’s policy; UK GDP eyed

Updated -  Oct 26, 2015 2:00:00 PM

It has been a slow day in the FX markets today after last week’s ECB-inspired sell-off in the euro had raised volatility across many currency pairs. But one currency that has caught some attention today is the Swiss franc, which has been sold heavily in response to comments from the Swiss National Bank’s Vice President. In a Swiss newspaper on Sunday Mr Fritz Zurbruegg said that the SNB would be analysing the impact of the  [...] Continue Reading

EUR/CHF above 1.10 for first time since SNB’s bombshell

Updated -  Sep 11, 2015 8:00:00 AM

The EUR/CHF has broken above 1.10 handle for the first time since THAT disastrous day in January when the Swiss National Bank (SNB) abandoned its policy of keeping the pair above the 1.20 floor. That decision saw the EUR/CHF plummet to as low as 0.97 before it starting to recover and then hit a ceiling around 1.0800 in February which led to a drop back below 1.03 by April.   But it looks like the  [...] Continue Reading

August ECB Rate Decision—Thursday, August 4, 2011

Updated -  Aug 3, 2011 3:00:00 PM

Research Note: Aug. ECB Rate Decision Summary Outlook: On Thursday August 4 at 0745EDT/1145GMT, the ECB is expected to announce a steady 1.50% interest rate decision, according to Bloomberg surveys. The main event will be the 0830EDT/1230GMT press briefing by ECB Pres. Trichet. We expect him to indicate that there will be no further rate hike at the September ECB meeting, likely using the ‘closely monitor all developments’ phrasing. July Eurozone CPI dropped from 2.7%  [...] Continue Reading


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