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1 min read

THE SWISS FRANC IS ROCKETING UPWARDS

The bank previously aimed to let the franc rise no higher than 1.20 to the euro (about €0.83 to eac…

Mike Bird   


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1 min read

Polish Mortgage-Holders Are Getting Punished After The Shocking Swiss Franc Decision

This might seem odd from the outside, but getting hold of low-interest loans was easier for Poles b…

Mike Bird   


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1 min read

There's talk that the sharp drop in the Swiss franc was due to central bank intervention

Those expectations got a boost after the U.S. Congress voted overwhelmingly on Wednesday to approve…

Jonathan Garber   


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1 min read

A Hedge Fund With $830 Million In Assets Went Bust After The Swiss Franc Surge

Citing a person familiar with the firm, Bloomberg said the fund had been betting that the Swiss fra…

Reuters,Business Insider   


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2 mins read

Here's why the Swiss franc has become the preferred investment for traders hiding out from geopolitical tensions

Investors fearful of geopolitical risk have made the Swiss franc their hideout spot. As recessio…

Gwen Everett   


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1 min read

Foreign Exchange Brokers Are Going Bankrupt In The Swiss Franc Surge

The recent move on the Swiss franc caused by the Swiss National Bank's unexpected policy reversal o…

Mike Bird   


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2 mins read

Geneva in Switzerland is introducing a minimum wage of $25 an hour, the highest in the world

People in the Swiss canton voted to pay workers at least 23 Swiss francs an hour, around $25. It is…

Alexandra Ma   


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1 min read

Swiss Central Bank Hit Hard By Fall In Gold

That deep loss was offset though by gains of 3.0 billion Swiss francs on the banks foreign currency…

Agence France Presse   


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1 min read

JP Morgan Owned The Swiss Franc Move

The currency moved violently after the Swiss Central Bank announced that it would depeg it from the…

Linette Lopez   


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1 min read

The Swiss Franc Smacked Deutsche Bank Hard

The recent move on the Swiss franc caused by the Swiss National Bank's unexpected policy reversal o…

Linette Lopez   


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4 mins read

Here Are The Behind-The-Scenes Politics In The Decision To Let The Swiss Franc Cause Market Chaos

If it fails, however, the Swiss could find themselves taking in more capital flows from Europe seek…

Tomas Hirst,Tomas Hirst   


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6 mins read

JIM ROGERS: I Warned You The Swiss Central Bank's Currency Policy Would End Disastrously

But people will stop rushing to put their money into a country where the value of the currency is d…

Jim Rogers, "Street Smarts"   


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How The Run On Europe Came To An End In One Bizarre Looking Chart

In late 2009, the Swiss France really started to surge against the euro, as wary investors, watchin…

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2 mins read

India ranks 61 on Swiss money list

Indians' money in Swiss banks declined by more than 10% to about 1.8 bn Swiss francs $1.98 bn (Rs…

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2 mins read

Indians deposited 50% more funds in Swiss banks last year

While Swiss banking authorities have made efforts to clean up the sector and make it more compli…

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1 min read

Everyone Going To The World Economic Forum In Davos Next Week Now Has A Conversation Icebreaker

"That means a Johnny Walker Blue at the Belvedere Hotel, the schmoozer's hostelry of choice during…

Akin Oyedele   


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2 mins read

LIVE: The Swiss National Bank Explains The Astonishing Surge In The Franc Today

The minimum exchange rate was introduced during a period of exceptional overvaluation of the Swiss …

Mike Bird   


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1 min read

A Few Hedge Funds Actually Killed It Betting On The Swiss Franc

To recap, Citigroup and Deutsche Bank both lost about $150 million each when the franc soared in va…

Stephanie Yang   


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3 mins read

This surprising country could get slammed by the Brexit

"In this case, we would expect political pressure on the government to mount as household debt burd…

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3 mins read

There's another banking crisis brewing in Europe and terrible mortgages are to blame

Given how little was disclosed yesterday, it looks like it will be only then that we are likely to …