The Scary Move Of The Swiss National Bank

  Yesterday’s move by the Swiss National Bank (SNB) is something everyone should be aware of.  Why?  Not because it affects everyone whose living costs are in dollars on a personal level but because of what it signals about the global economy.  First, what exactly did the SNB do yesterday?  The Bank made a incredibly […]

EUR/CHF Breakout. What Does It Mean?

Note the break out of a 10 month downward-sloping trend line in the EUR/CHF exchange rate.  Not only that, but the Euro (EUR) is also crossint the 200 day moving average against the Swiss Franc (CHF) for the first time since October 2009.  While this may reflect the strength the Euro has  been exhuberating against […]