The Swiss franc represents, in UBS's view, the modern equivalent of the old D-mark.
One countermeasure: Switch some money into a more respectable currency, like the Swiss franc.
Most mortgages in Hungary are denominated in a foreign currency, in particular the Swiss franc.
The Swiss franc was trading at .8083 against the U.S. dollar at 4:00 a.m.
If the Swiss franc is no longer a safe bet, traders will find something else.
Appreciation of the Swiss franc cost Lindt an estimated 9.5% of profits in 2011.
In Switzerland right now, a dollar that used to somewhat dwarf the Swiss franc no longer does.
FORBES: Swiss National Bank Cruelly Puts a Bull's Eye On Switzerland's Economy
Investors looking for a safe place to put their money have sought refuge in the Swiss franc.
Easy to see French and the Swiss franc as separate from, but swappable with, English and the dollar.
FORBES: American Political Economy Is No Different From English Language
Traders said along with gold, other beneficiaries of safe-haven buying are the U.S. dollar and the Swiss franc.
FORBES: METALS OUTLOOK: Greece, Dollar To Influence Gold Next Week
The Swiss National Bank (SNB) is therefore aiming for a substantial and sustained weakening of the Swiss franc.
Hence the Swiss franc is the most overvalued currency (by 64%), the ringgit the most undervalued (by 51%).
ECONOMIST: The Economist offers some hot tips on exchange rates
Despite attempts by the Swiss central bank to stem the appreciation, the Swiss franc is overvalued by 68%.
The Swiss are clearly not happy with the rise of the Swiss Franc.
FORBES: Ugly Choices Ahead For Central Bankers: Will The Yen Drop 50%?
Again and again, the authorities have warned currency traders that the Swiss franc was not a one way bet.
The Swiss National Bank last intervened by selling the Swiss franc in 2009 when the recession was it its peak.
The dollar also rebounded against the yen and the Swiss franc, both of which are seen as safe haven currencies.
The upper chart on the left is of the Swiss franc, which has gone up about 10% in the past month.
Somehow the swiss franc will look as a so much better currency to keep your savings in the next few days.
FORBES: (Update) Bailout For Cyprus: A FAQ To The Latest European Financial Crisis
Continuing strong growth and the positive outlook in local currency will, however, be hampered by uncurbed speculation in the Swiss franc.
FORBES: Record Sales at Swatch Group Despite Rising Swiss Franc
On 6 September, following the transaction, the SNB intervened to reduce the value of the Swiss franc, making the dollar stronger.
Streettalk apologizes for missing the run-up in the Swiss franc as a safe haven from the sovereign debt crisis in euroland.
FORBES: Smart Money Is Long Gold, Silver, Copper, Oil And Zero Coupon Treasuries
The dollar weakened not only against gold but also against other currencies, such as the yen, the Swiss franc and the pound.
Since 2001 gold has risen 580% against the dollar, and during that time the Swiss franc has similarly risen against the dollar.
FORBES: Swiss National Bank Cruelly Puts a Bull's Eye On Switzerland's Economy
If the Deutschemark were still around, traders would have been piling into it just like they have been piling into the Swiss franc.
The national bank vowed to intervene in the currency markets in order to prevent the Swiss franc from appreciating further against the euro.
In contrast, most of the West European currencies outside the euro notably, sterling, the Danish krone and the Swiss franc are hugely overvalued, by 20-40%.
The CME trades futures on 13 currencies, from the Australian dollar to the Swiss franc, with expiration dates in March, June, September and December.
Other hot trades of the week include the Swiss Franc, up 0.28% as measured by the Swiss Franc CurrencyShares (FXF) ETF and mid-term Treasury bonds.
FORBES: Despite Sell-Off, China Internet Stocks Still Beat Gold
Havens such as German government bonds and the Swiss franc gained.
应用推荐