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Swiss National Bank

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  • Is the SNB still trustworthy?  Thursday, 15 Jan 2015 | 11:00 AM ET

    The job of a central bank is to "lead you into battle" and then "change their plans," says Sebastien Galy, senior currency strategist at Societe Generale.

  • Ending the Swiss peg: What it really means Thursday, 15 Jan 2015 | 10:22 AM ET
    A man holds a 100 Swiss franc bank note in front of an ATM in Bern.

    The Swiss National Bank's move to break the franc away from its set value against the euro stunned financial markets and has substantial real-world effects.

  • A Swiss bombshell: Why the franc soared 30% Thursday, 15 Jan 2015 | 10:21 AM ET
    An employee exchanges one hundred euro notes for Swiss francs, right, at a currency exchange in Effretikon, near Zurich, Switzerland.

    The reason for the Swiss decision: It was getting very expensive for the Swiss National Bank to defend that 1.20 level.

  • Cramer: Swiss move on franc is 'puzzling' Thursday, 15 Jan 2015 | 9:48 AM ET

    CNBC's Jim Cramer says the Swiss National Bank's abandonment of its currency cap on the euro could be a scary sign.

  • What the Swiss franc shock means for markets Thursday, 15 Jan 2015 | 8:04 AM ET
    A woman takes a picture of a display showing the Swiss franc's exchange rate against the Euro and other currencies at the Swiss stock exchange in Zurich January 15, 2015.

    Dennis Gartman says the Swiss decision to abandon a key part of its monetary policy is the worst central bank move he's ever seen.

  • US investors eye the Swiss franc  Thursday, 15 Jan 2015 | 5:50 AM ET

    Following the shock move by the Swiss National Bank to drop its euro peg, Larry McDonald from Newedge USA says U.S. investors are "definitely focused" on the swiss franc.

  • Reasons behind the SNB's decision  Thursday, 15 Jan 2015 | 5:45 AM ET

    The Swiss National Bank has scrapped the franc's peg to the euro. Jane Foley, senior currency strategist at Rabobank, shares her thoughts on the move which has shocked markets.

  • SNB halts Euro-France Cap: Reaction  Thursday, 15 Jan 2015 | 4:50 AM ET

    The Swiss National Bank has dropped its exchange rate cap with the euro and lowered its interest rate to -0.75 percent. Geoffrey Yu, FX strategist at UBS, gives his and the market's current reaction.

  • How the Swiss franc shocked world markets  Thursday, 15 Jan 2015 | 12:00 AM ET

    The Swiss National Bank took the world by surprise on Thursday by unpegging the Swiss franc from the euro. CNBC's Sara Eisen breaks down what happened.

  • Swiss National Bank sticks to its guns  Thursday, 11 Dec 2014 | 11:40 AM ET

    The Swiss central bank kept its rates steady today. Thomas Jordan, Chairman of Swiss National Bank talked to CNBC, explaining its reasons.

  • Why gold just can’t win Monday, 1 Dec 2014 | 2:30 AM ET

    If no one expected the Swiss vote forcing the central bank to hold more gold to succeed, why is gold tanking?

  • Maybe this central bank will bail out gold Thursday, 6 Nov 2014 | 11:04 AM ET
    A cyclist rides past the Swiss National Bank's headquarters in Bern, Switzerland.

    Blame gold's free fall on the Fed, but if a long-shot referendum passes it could be the Swiss National Bank that stops it.

  • Currency still needs exchange rate peg: SNB  Thursday, 12 Dec 2013 | 11:10 AM ET

    Thomas Jordan, chairman of the Swiss National Bank, discusses the appreciation of the Swiss franc and explains why the minimum exchange rate remains "absolutely necessary" for Switzerland.

  • Currency peg still 'absolutely necessary': SNB Chief Thursday, 12 Dec 2013 | 6:20 AM ET

    Switzerland's exchange rate peg against the euro remains "absolutely necessary", despite the upturn in the single currency, the head of the Swiss National Bank told CNBC.

  • DOJ to unveil program with Swiss banks  Wednesday, 28 Aug 2013 | 4:49 PM ET

    CNBC's Eamon Javers reports the DOJ expects to announce an agreement with the government of Switzerland in which certain Swiss banks could resolve the liability they may be facing in results of hiding American assets. Participating banks will have to provide the U.S. with full disclosure of activities.

  • Kathy Lien, Managing Director of FX Strategy of BK Asset Management says that while there are some green shoots evident in the Euro Zone, the region's battle against recession is far from over.

  • SNB Says it Is 'Far Away' From Ending Currency Cap Thursday, 20 Jun 2013 | 7:46 AM ET

    The Swiss National Bank said it was far from ready to end its unconventional policy measures, on Thursday, unlike the U.S. Federal Reserve.

  • In an exclusive interview with CNBC, chairman of the Swiss National Bank, Thomas Jordan says the central bank could employ negative interest rates as a means to keep the Swiss franc low.

  • How the Swiss Will Boost the Euro Wednesday, 31 Oct 2012 | 2:43 PM ET

    The Swiss National Bank has trimmed its big euro position, taking downward pressure off the currency.

  • What to Buy When the Swiss Are Selling Wednesday, 1 Aug 2012 | 9:21 AM ET

    The Swiss National Bank has euros ready to unload, and these strategists point to currencies that should benefit.