What is the sovereign money initiative that Swiss will vote on in June?
May 07, 2018Group of economist, entrepreneurs and financial specialists have launched an initiative called “For crisis-proof money: only the National Bank to issue currency! (Sovereign money initiative).” The idea is to achieve better security of the country’s finances. The people’s initiative will be voted on June 10th.
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How – and will – the SNB react to the weak Swiss Franc?
April 30, 2018As the Swiss Franc’s exchange rate has reached its lower level against the Euro in more than three years, many investors wonder if the Swiss National Bank will finally react and tighten its monetary policy. What are the chances of the SNB’s move and what can it be?
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EUR/CHF exchange rate broke the CHF 1.2 threshold; the lowest level since the release of the Franc by the SNB
April 23, 2018End of week of April 20 saw Swiss Franc reaching the CHF 1.2 threshold against the Euro. The weaker Swiss Francs against the Euro made the pair CHF/PLN hit the point not seen since Christmas 2014.
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Swiss Franc stumbles as Ruble hits rough path
April 16, 2018Russian oligarchs became uneasy after news of sanctions imposed by US on them and this resulted in Ruble’s huge troubles. But unlikely victim of the situation was the Swiss Franc, that hit the weakest point against the Euro since January 2015.
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Cross border workers in the middle of political havoc ahead of elections
April 09, 2018As Switzerland prepare for elections in cantons on April 15, once again cross border workers are one of the issue heavily talked about in the political built-up. Cross border workers are targeted by populist and conservative parties, especially in Geneva.
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