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SNB says it expects annual loss for 2015 of CHF 23bln

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 8, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Initial forecasts from the Swiss National Bank now out - loss on fx positions CHF 20bln - loss on gold holdings CHF 4bln - net result from CHF positions +1bln CHF appreciation since the SNB removed the CHF cap almost a year ago has taken its toll but the initial result is not as bad as some feared which I reported

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