By Prieur du Plessis (Guest Post)
The Swiss franc has been in a strong uptrend since June last year, and rose in parabolic fashion during the first two weeks of August this year as safe haven concerns channelled massive flows into the Swissie. This has prompted the Swiss authorities to try to stop the franc from appreciating. Will they succeed? A research note from BCA Research casts some light on this question, as reported below. “Last week, the Swiss National Bank (SNB) announced a further CHF40 billion liquidity measure and SNB Vice President Jordan said it would be legal to peg the Swiss…
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