SNB President Jordan

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11h
Swissinfo
Currency Jawboning Back in Vogue as Investors Flee to Havenswarning that authorities are watching out for “speculative moves” as the yen su
Currency Jawboning Back in Vogue as Investors Flee to Havens
Swissinfo / Posted 11 hours ago
warning that authorities are watching out for “speculative moves” as the yen surged to a 15-month high. Swiss National Bank President Thomas Jordan reiterated that officials are prepared to intervene to weaken the franc’s rally after it rebounded... Read more
3d
Swissinfo
SNB Hasn’t Yet Reached Rock Bottom on Deposit Rate, Jordan Says(Bloomberg) -- The Swiss National Bank could reduce its already negative deposi
SNB Hasn’t Yet Reached Rock Bottom on Deposit Rate, Jordan Says
Swissinfo / Posted 3 days ago
(Bloomberg) -- The Swiss National Bank could reduce its already negative deposit rate further, its President Thomas Jordan said. The rate can be “lower than it is where we are now,” he said at a business event in Bern when asked how much further it... Read more
6d
Swissinfo
SNB Foreign Currency Holdings Hit Record Amid Depreciating Francfranc hit its weakest against the euro in more than a year earlier this week, s
SNB Foreign Currency Holdings Hit Record Amid Depreciating Franc
Swissinfo / Posted 6 days ago
franc hit its weakest against the euro in more than a year earlier this week, stoking speculation policy makers at the SNB have recently made good on their pledge to intervene in currency markets. The franc dropped almost two percent against... Read more
9d
Swissinfo
SNB Officials Keeping Close Eye on ECB Actions, Jordan Says(Bloomberg) -- Swiss National Bank President Thomas Jordan said he’s keeping ta
SNB Officials Keeping Close Eye on ECB Actions, Jordan Says
Swissinfo / Posted 9 days ago
(Bloomberg) -- Swiss National Bank President Thomas Jordan said he’s keeping tabs on actions taken by his counterparts in the euro area and doesn’t see the risk of a currency war even as more stimulus looms. “We observe clearly what’s happening in... Read more
14d
Swissinfo
Swiss Franc’s Journey From Haven During Turmoil to Pimco PariahBanco Bilbao Vizcaya Argentaria SA, Rabobank International and Standard Bank Lt
Swiss Franc’s Journey From Haven During Turmoil to Pimco Pariah
Swissinfo / Posted 14 days ago
Banco Bilbao Vizcaya Argentaria SA, Rabobank International and Standard Bank Ltd. Whatever the reason, it’s a bonus for the SNB because it should make it easier to reverse the tumbling consumer prices that are blighting the economy. “The fact that... Read more
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15d
Swissinfo
Swiss Gear Up for New Draghi Salvo After Reprieve in December(Bloomberg) -- Thomas Jordan may be less lucky this time around. While the fra
Swiss Gear Up for New Draghi Salvo After Reprieve in December
Swissinfo / Posted 15 days ago
(Bloomberg) -- Thomas Jordan may be less lucky this time around. While the franc is at its weakest against the euro since the Swiss National Bank dropped its currency cap a year ago, new stimulus that the European Central Bank seems poised to... Read more
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23d
Swissinfo
Switzerland Was Right to Scrap Its Franc Cap, Economists Sayits ceiling on the franc was justified, according to the vast majority of econo
Switzerland Was Right to Scrap Its Franc Cap, Economists Say
Swissinfo / Posted 23 days ago
its ceiling on the franc was justified, according to the vast majority of economists in Bloomberg’s monthly survey. The SNB abandoned the cap on Jan. 15 of last year, saying interventions to sustain it would have been out of proportion to its... Read more
26d
Swissinfo
Swiss Capital Buffer May Have Side Effects, SNB’s Jordan Says(Bloomberg) -- Swiss National Bank President Thomas Jordan said the central ban
Swiss Capital Buffer May Have Side Effects, SNB’s Jordan Says
Swissinfo / Posted 26 days ago
(Bloomberg) -- Swiss National Bank President Thomas Jordan said the central bank’s measures to limit risks emanating from a booming housing market might yet have unintended consequences. Central banks are turning to so-called macroprudential tools... Read more
28d
Swissinfo
UBS CEO Sees No Further SNB Rate Cuts Given Current Franc Levelwe’re not planning or forecasting negative rates to expand.” Since dropping it
UBS CEO Sees No Further SNB Rate Cuts Given Current Franc Level
Swissinfo / Posted 28 days ago
we’re not planning or forecasting negative rates to expand.” Since dropping its franc cap of 1.20 per euro a year ago, the SNB has relied on a twin strategy of negative rates and interventions to keep the Swiss currency in check. The deposit rate... Read more
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28d
Swissinfo
The Real Franc Surprise? Swiss Fallout Wasn’t as Bad as Fearedits currency cap, it looks like the doomsday scenarios for the country haven’t
The Real Franc Surprise? Swiss Fallout Wasn’t as Bad as Feared
Swissinfo / Posted 28 days ago
its currency cap, it looks like the doomsday scenarios for the country haven’t panned out. But it’s still too early for SNB President Thomas Jordan to pop the champagne. On paper, the SNB may have inflicted the biggest wound on itself. It’s set... Read more
7 related stories
m
Swissinfo
Jordan Says SNB Can’t Forecast Negative Deposit Rate Duration(Bloomberg) -- Swiss National Bank President Thomas Jordan says he can’t predic
Jordan Says SNB Can’t Forecast Negative Deposit Rate Duration
Swissinfo / Posted 1 months ago
(Bloomberg) -- Swiss National Bank President Thomas Jordan says he can’t predict whether the negative deposit rate will still be in force at the end of this year. “I can’t make a forecast,” he said in an interview with Swiss television SRF’s “ECO”... Read more
m
Market Watch
Swiss Central Bank takes hit battling strong francin foreign exchange markets during 2015, trying to weaken the franc after it so
Swiss Central Bank takes hit battling strong franc
Market Watch / Posted 1 months ago
in foreign exchange markets during 2015, trying to weaken the franc after it soared in value against the euro when the SNB scrapped its policy of limiting the currency to 1.20 against the single currency last January. The loss is the biggest... Read more
6 related stories

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