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

    Sep 2, 2015
    Likes Received:
    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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