Euro Exchange Rate Weakened
May 05, 2020Euro exchange rate got lower on Tuesday after German constitutional board’s ruling that Bundesbank can’t buy more bonds unless the ECB prove they are needed
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Covering Swiss Debt by SNB Surplus?
April 30, 2020Swiss Finance Minister called for the SNB to use its surplus cash to cover debt in the country caused by the economic recession caused by coronavirus pandemic.
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Central Banks: Waiting for ECB and FED’s Decisions
April 28, 2020Markets are awaiting the ECB and FED’s decision this week on interest rates as exchanges rates are a bit stalled with the exception of the Swedish crown that was a big mover after Sweden’s central bank last announcement.
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Swiss GDP to Suffer Worst Slump Since 1975
April 24, 2020Swiss authorities predict now that the GDP will fell down by 6.7% in 2020, the biggest slump since 1975, due to the coronavirus pandemic.
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Coronacrisis Have Huge Impact on Fintech Industry
April 22, 2020The coronavirus pandemic have huge impact on Swiss fintech industry with many startups struggling to survive in times of lockdown.
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