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Posts Tagged ‘franc’

15 Jan

Swiss SNB cancels EUR floor – Euro drops!

It was a hefty reaction today at the stock echanges worldwide and
even currency exchange markets had a big shock when the Swiss
National Bank declared to drop the Euro floor. From the magic
1.20 CHF line, the Euro noted at lowermost 0.82 CHF.

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January 15, 2015Netspark No Comments »
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FILED UNDER :Curiosities , Economy&Finance , News
TAGGED WITH :CHF , currency , drop , EUR , euro , floor , franc , SMI , SNB , Swiss Market

06 Sep

Swiss National Bank did it again!

So… the Swiss National Bank finally thought, we’d start a new round to fight
the strong Swiss Franc! Today at 10:00 a.m. local time, the SNB set the
minimum reference value EUR-CHF to 1.20 – and is willing to keep that goal
by buying foreign currencies with no limit!

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September 6, 2011Netspark No Comments »
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FILED UNDER :Curiosities , Economy&Finance , News
TAGGED WITH :currency , euro , franc , gambling , shock , SNB , swiss , value

03 Aug

The currencies… again! But with changes

The last days have been very busy and the world economy is still bouncy.
The Euro, USD, GBP and JPY are probing new depths which worries the swiss finance
market much more. The Euro was about to hit the 1.08 line then instantly
(within 5 minutes) rose near 1.10 again…

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August 3, 2011Netspark No Comments »
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FILED UNDER :Curiosities , Economy&Finance , News
TAGGED WITH :bank , currency , EUR , franc , GBP , intervention , JPY , rise , strength , swiss , USD