Swiss National Bank

Volatility this week was much tighter compared to last week. With that said, the Swissy and the Kiwi suffered this week while the Greenback ruled all. How about the other currencies? How did they do this week? Well, time to find out!

Despite the UN tribunal ruling that China has “no legal basis” for its expansive claims in the South China Sea, China is digging in and saying they refuse to accept the decision. [Bill Haden. The South China Sea, Yale University Press.]

Looks like the major dollar pairs are flirting with significant areas of interest this week! Will we see a continuation of tight forex ranges? Or will we finally see breakouts? Here’s a neat guide for all you dollar traders out there!

It’s been a while since I made an economic roundup for Switzerland, so read up if you’re interested on how the Swiss economy is doing overall.