When FX wars become negative interest wars
FT Alphaville » Euro 2014-08-27
Summary:
Beat Siegenthaler, FX strategist at UBS, has been wondering about what the Swiss National Bank may do if the ECB’s measures to weaken the euro begin to test its 1.20 EURCHF floor.
He notes, for example, that there has already been a marked divergence between the EURCHF and the USDCHF:
Link:
http://ftalphaville.ft.com/2014/08/27/1947411/when-fx-wars-become-negative-interest-wars/From feeds:
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