SNB miscalculates by dropping currency ceiling

by Ashraf Laidi

Jan 15, 2015 15:17

The Swiss National Bank's decision to abandon its 4-year old FX peg is a stark reminder that in today's deflation-bound, zero-interest rate world, capital appreciation exceeds yield. It is also a gross miscalculation. Read more here.

Click To Enlarge

Latest IMTs

• السؤال الأول للمسابقة
  by Ashraf Laidi | Mar 17, 2026 13:05
• Brent and Crude Oil Technicals
  by Ashraf Laidi | Mar 13, 2026 16:37
• Dollar Takes over from Gold for now
  by Ashraf Laidi | Mar 11, 2026 8:57
• Is that it for Oil?
  by Ashraf Laidi | Mar 9, 2026 13:27
• Oil Metrics & Gold Risks
  by Ashraf Laidi | Mar 6, 2026 20:39