June 17, 2009The Swiss National Bank has been intervening in the currency market since March. Unlike other central banks who have failed at intervention, the SNB has done a fantastic job keeping EUR/CHF above 1.50 for the past 3 months. The SNB focuses on EUR/CHF over USD/CHF because the European Union is by far the [...]
Posted in Currency Intervention, EURJPY, Swiss Franc, swiss national bank 
1 Comment »
content rss
Recent Comments