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Text size [+][-]  Saturday November 21 2009GLOBAL EDITION

Considered view
30 Jun 2009 10:00

Swiss off, traders!

By Ian Campbell
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Breakingviews.com is the world's leading source of agenda-setting financial insight. breakingviews has 25 correspondents and columnists based in London, New York, Paris, Washington, San Francisco and Madrid. Our aim is to become the lingua franca for the global financial community. Our real-time subscription service currently reaches around 15,000 financial professionals such as investment bankers, senior corporate executives, hedge fund managers, lawyers and private equity professionals.

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Currency traders are learning not to bet against the Swiss National Bank. Well timed interventions have sent them fleeing twice – and kept the franc from rising. That should help the Swiss battle deflation. The SNB’s currency ploys go well with its expansionary monetary policy.

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More stories by:  Ian Campbell



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