Swiss National Bank (SNB)
SNB reserves suggest 24bn euro intervention
The Swiss central bank increases its foreign currency reserves to CHF 495 billion, mainly driven by euro buying, strategists say
SNB negative rates to take effect on ECB day
The Swiss central bank's steps and timing are a good indication of the ECB's next actions
SNB may intervene in EUR/CHF 'as early as this week'
A Yes result would make it difficult for the Swiss central bank to defend its floor
Bank of Japan easing reaffirms dollar bull trend
Strategists see USD/JPY trading at 115 before the year-end and at 120 by September 2015
SNB stands pat on EUR/CHF floor, despite market jitters
Swiss central bank ready to buy FX in unlimited quantities to preserve 1.20 currency floor
Swiss franc floor will remain in place, says UBS FX chief
George Athanasopoulos shares currency predictions for 2014, including an expectation the Swiss National Bank will maintain the 1.20 floor on EUR/CHF
Weaker franc leads to speculation over future of SNB floor
Volatility has picked up in EUR/CHF this year, but traders believe the franc needs to weaken a lot more before the Swiss National Bank would consider easing its policy
BMO in double win with accurate yen forecasts
USD/JPY could rise up to 100 in time, according to Bank of Montreal's Benjamin Reitzes, whose forecasts put the bank at the top of the 12- and one-month forecast rankings
Danske in double win after betting on sterling weakness
An accurate long-term view on the downward trend of the pound lands Danske Bank at the top of the three- and 12-month rankings
Currency war scenario ‘exaggerated’, warns senior Swiss economist
Central banks are pursuing domestic priorities and are not engaged in competitive devaluation, says keynote speaker at FX Invest conference
SNB to open Singapore branch to support FX activity
Swiss central bank has diversified its reserves into a number of Asian currencies in recent years and will open an office in Singapore by mid-year
Review of 2012: April - June
FX Week looks back on the biggest stories of 2012, continuing with the second quarter. To read the original stories, click on the links in black
UBS holds Swiss franc lead despite intervention
UBS wins best bank for the Swiss franc and best bank for post-trade services as it continues to provide liquidity despite the challenges posed by the EUR/CHF floor
CIBC on top with stable yen forecast
Canadian Imperial Bank of Commerce forecast in September 2011 that the yen would hold steady against the euro and the US dollar, landing the bank at the top of the 12-month currency forecast rankings
Swiss franc expected to retrace its fall as ECB news sinks in
The euro rallied against the Swiss franc for the first time in six months after yesterday’s announcement of new measures from the ECB, but FX strategists expect it to fall back towards 1.20
SNB's continuing resolve drives creativity among Swissie traders
A year after the Swiss National Bank imposed a 1.20 floor on EUR/CHF to stem the appreciation of the Swiss franc, the minimum rate remains in place, driving traders to seek new ways to trade a currency afflicted by low volatility. Miriam Siers reports
Forex markets absorb political chaos in Europe
Participants reacted relatively calmly to political developments in Europe last week, and the absence of credible alternative currencies prevented a major sell-off
Chart-topping CMC goes against the grain on yen
Strategists at CMC Markets took an accurate view on the long-term direction of two major safe-haven currencies in 2011, landing the firm top in the 12-month forecast rankings
Currency floor breach raises questions over SNB policy
The Swiss National Bank should consider enlisting the help of top-tier banks to keep EUR/CHF above 1.20, forex traders suggest
CMC on top of ECB's 2011 rate hike reversal
CMC Markets accurately predicted the euro would rise and then fall as the ECB reversed its interest rate policy in 2011
Bank Sarasin: Swiss franc is under control
The Swiss private bank's chief economist believes the threat of further intervention from the SNB will prevent further appreciation of the franc
Thomson Reuters predicted markets would test SNB and BoJ's resolve
Thomson Reuters – IFR Markets tops the 12-month forecast rankings after accurate expectations in early 2011 that the yen and the Swiss franc would appreciate
Central bank's credibility was vital to introducing minimum rate, says SNB’s Schlegel
The decision by the Swiss central bank to introduce a minimum rate to the euro last September was possible because of the SNB’s credibility, says the central bank’s head of foreign exchange and gold
Exploit relative-value opportunities in EM currencies, says Investec
Turkish lira versus the Israeli shekel is a favourite relative-value play for Thanos Papasavvas, fixed-income and currency strategist at Investec Asset Management