Comments on: USD/CHF Breaks Resistance on Firm SNB Decision

By: Europe Losing the Currency War | Forex Crunch

Europe Losing the Currency War | Forex Crunch — Wed, 06 Oct 2010 08:32:54 +0000

[...] Swiss National Bank is intervening to weaken the Swiss yen since March 2009. Their success is very limited – EUR/CHF and USD/CHF [...]

By: Forex Weekly Outlook – June 14-18 | Forex Crunch

Forex Weekly Outlook – June 14-18 | Forex Crunch — Sat, 12 Jun 2010 09:02:09 +0000

[...] Swiss rate decision: Published on Thursday at 7:15 GMT. The Swiss National Bank makes a decision on the Libor Rate only once a quarter. No change is expected this time, so the focus will be on the accompanying release of the SNB Monetary Policy Assessment. Will the central bank express concerns about the currency? After the fall of the Japanese government, the Swissy got some renewed attention as a safe haven currency. The low levels of EUR/CHF could trigger an intervention, and this might happen together with the rate decision, as seen in the past. [...]

By: Forex Weekly Outlook – March 8-12 | Forex Crunch

Forex Weekly Outlook – March 8-12 | Forex Crunch — Sat, 06 Mar 2010 11:24:30 +0000

[...] only once a quarter. The rate is expected to remain unchanged at 0.25%. At the same time last year, the central bank accompanied the rate decision with a massive intervention. They now intervene all the time, not only on rate [...]

By: Support Line – Courtesy of the Bank | Forex Crunch

Support Line – Courtesy of the Bank | Forex Crunch — Wed, 30 Sep 2009 16:42:31 +0000

[...] of the Swiss Franc against the Euro. It just safe guards it from reaching low levels. Since the big intervention on March 12th,EUR/CHF hasn’t fallen below 1.50.This number is a round number, but it has never served [...]

By: Swiss Franc Outlook – September 14-19 2009 | Forex Crunch

Swiss Franc Outlook – September 14-19 2009 | Forex Crunch — Sun, 13 Sep 2009 17:58:08 +0000

[...] part of this event is the SNB Monetary Policy Assessment. The SNB lays out future plans, and sometimes declares market interventions. They want a weaker exchange rate for their currency, but the recent weakness of the dollar shows [...]

By: Central Banks Intervention - Great Trade Opportunity | Forex Crunch

Central Banks Intervention - Great Trade Opportunity | Forex Crunch — Thu, 25 Jun 2009 09:27:35 +0000

[...] Swiss National Bank intervened in the forex market on March 12th in order to weaken the Swiss Franc. A weaker currency makes Switzerland’s export driven [...]

By: Forex Weekly Outlook - June 15-19 2009 | Forex Crunch

Forex Weekly Outlook - June 15-19 2009 | Forex Crunch — Sun, 14 Jun 2009 19:06:16 +0000

[...] time, the SNB intervened in the market to weaken the Swiss Franc. It didn’t really [...]

By: Critial Week in the Swissy | Forex Crunch

Critial Week in the Swissy | Forex Crunch — Sun, 14 Jun 2009 18:54:43 +0000

[...] the SNB declared a “forex war” – by announcing that the Swiss Franc was too high. They intervened in the forex market in order to weaken the Swiss Franc. Their move had a short-term impact. Future events strengthened [...]

By: Forex Links for the Weekend | Forex Crunch

Forex Links for the Weekend | Forex Crunch — Sat, 09 May 2009 16:25:19 +0000

[...] Kritzer talks about another intervention of the SNB in the Swiss [...]

By: Forex Daily Outlook - April 28th 2009 | Forex Crunch

Forex Daily Outlook - April 28th 2009 | Forex Crunch — Thu, 30 Apr 2009 14:55:11 +0000

[...] Governing Board Chairman Jean-Pierre Roth will deliver an important speech. The move to intervene in the forex market to weaken the Franc hasn’t succeeded. I wonder if he’ll relate to [...]