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Posts Tagged ‘swiss’

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
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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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Should one be worried about the Euro?

As you can see, the Euro is undergoing some loss of value compared to the Swiss Franc.
So is the Dollar and other currencies aswell.
But what makes the Swiss Franc so extremely strong compared to the other currencies?
Is it Switzerland with it’s well-known banks or some other factor?

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July 18, 2011Netspark No Comments »
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FILED UNDER :Curiosities , News , Thoughts
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