Thomas Jordan, acting chairman, says bank has come under domestic political pressure over the potential cost of further interventions
SNB head warns of political fallout after crisis
Source: www.ft.com
Read more...
Monetary Policy Week in Review – 7 Jan 2012
The past week in central banking and monetary policy was relatively quiet, with just 5 central banks announcing interest rate decisions....
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4140 level and...
Challenger claims victory in Iranian election
Ahmedinajad’s challenger Mousavi says he is the definite winner of the Iranian presidential elction. No reaction from the oil market as yet though the USD is a touch firmer. EUR/USD trades at...
China set for another setback in iron ore world
Coming close on the heels of Chinalco’s failure to court Rio Tinto, is this report in The Australian that China is not going to get the bigger cuts in iron ore prices which it had been hoping...
WORLD FOREX: Economic Optimism Lifts Dollar,Yen Hit By Flows
By Nicholas Hastings LONDON (Dow Jones)--Optimism over the global economy is lifting the dollar Thursday in Europe, while the yen is getting hit by an ... See all stories on this...