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Euro gets weaker after a violently-marred Catalonia vote

Euro gets weaker after a violently-marred Catalonia vote

02 October 2017

The beginning of October saw the euro in not-so-great shape – the currency got weaker against the US dollar. EUR/USD pair was on 1,1730 at the lowest point during Monday, October 2nd. The main reason for that was the Catalonia independence vote conducted on Sunday. Any instability in the eurozone – both political and economic – prompts investors to sell euro and buy Swiss Francs, US dollars or Japanese yens instead.

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What the heck is a hackaton?

What the heck is a hackaton?

16 September 2017

It was a surprise to see a bit of a crowd at Technopark in Zurich, where our new office is located, when we arrived to work yesterday. It turned out that an interesting event called HackZurich was about to start. HackZurich is one of the largest and leading hackathons in Europe with the participation of over 500 talented young people from more than 50 countries.

But for those of you who haven’t heard about a hackathon, what is it exactly?

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Freude und Trauer um den schwächeren Franken

Freude und Trauer um den schwächeren Franken

30 August 2017

Die allgemeine Auffassung ist klar. Ein schwächerer Franken wurde lange mit Sehnsucht erwartet. Diesen Ton haben vor allem Politik und Wirtschaft angegeben. Aber es gibt auch Verlierer.

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The Swiss Franc is the strongest since lifting up the euro/franc minimum exchange rate

The Swiss Franc is the strongest since lifting up the euro/franc minimum exchange rate

29 July 2017

Over the past week the value of the Swiss Franc has declined rapidly. It is a continuation of a long-term trend which we have observed since mid-April.

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A calmer situation on the markets leas to a weaker swiss franc.

A calmer situation on the markets leas to a weaker swiss franc.

12 May 2017

The Swiss franc (CHF) has weakened again yesterday and has reached the highest exchange rate since September last year. Effect of further optimism on the markets?

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