Central Banks Swiss National Bank

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  • 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.

  • Jim Cramer on set of Mad Money

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

  • 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

    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

    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

    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

    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 banks stick to their guns

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

  • Gold

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

  • 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

    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.

  • 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

    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.

  • Euro Zone unlikely to beat recession anytime soon: Pro

    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.

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

  •  SNB Chairman: I Expect Swiss Franc to Weaken Over Time

    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

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

  • switzerland_alps_200.jpg

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

  • switzerland_alps_200.jpg

    The Swiss National Bank is sitting on a pile of euros, and the size of that pile says a lot about where the euro is headed.

  • bubble_burst.jpg

    Safe haven is a lovely term indicating that an asset class, bank or company is rock solid, reliable and dependable. After years of financial crisis a safe haven asset feels like a port in a storm and investors have flocked into so-called safe haven assets like U.S., German and UK government debt.