Currencies appear ready to test Swiss National Bank pledge of keeping the floor under the EUR-CHF at 1.20 level. In spite of recent change at the helm, the central has not indicated major policy change concerning domestic currency, suggesting that its intention to prevent the CHF from appreciating is still valid. We should find out [...]

Coming week is full of big fundamental announcements, including from central banks. On Tuesday, the Bank of Japan will disclose its interest rate decision. The BoJ has no room to cut rates any more, but it could introduce some unconventional measures. After all, the Japanese central bank lags behind its counterpart in this area. For example, it [...]

According to Klaus Regling, the chief of the European Financial Stability Facility, the sovereing debt crisis has already consumed a staggering amount of money. To date, more than 1 trillion Euros had already been spent on trying to solve the problem and the figure is to become much higher. Greece alone will need additional 100 [...]