{"id":195,"date":"2011-08-11T16:21:59","date_gmt":"2011-08-11T20:21:59","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=195"},"modified":"2011-08-11T16:21:59","modified_gmt":"2011-08-11T20:21:59","slug":"update-4-swiss-eye-more-steps-to-quell-franc-rise-reuters","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/11\/update-4-swiss-eye-more-steps-to-quell-franc-rise-reuters\/","title":{"rendered":"UPDATE 4-Swiss eye more steps to quell franc rise | Reuters"},"content":{"rendered":"

The Swiss National Bank could ease monetary policy further without having to resort to currency interventions to counter a soaring franc, Vice Chairman Thomas Jordan was quoted as saying on Thursday, as investors speculated over the bank’s next move.<\/span><\/p>\n

The franc dropped 5 percent against the dollar and the euro after Jordan declined to rule out any measure that was compatible with independent monetary policy, including temporarily pegging the franc to the euro.<\/span><\/p><\/blockquote>\n

via UPDATE 4-Swiss eye more steps to quell franc rise | Reuters<\/a>.<\/p>\n

…… the SNB may slow appreciation but is unable to prevent it. Other central banks (e.g. BOJ) have tried and failed.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Swiss National Bank could ease monetary policy further without having to resort to currency interventions to counter a soaring franc, Vice Chairman Thomas Jordan was quoted as saying on Thursday, as investors speculated over the bank’s next move. The franc dropped 5 percent against the dollar and the euro after Jordan declined to rule … <\/p>\n

Continue reading “UPDATE 4-Swiss eye more steps to quell franc rise | Reuters”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-195","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions"],"yoast_head":"\nUPDATE 4-Swiss eye more steps to quell franc rise | Reuters - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UPDATE 4-Swiss eye more steps to quell franc rise | Reuters - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Swiss National Bank could ease monetary policy further without having to resort to currency interventions to counter a soaring franc, Vice Chairman Thomas Jordan was quoted as saying on Thursday, as investors speculated over the bank’s next move. 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