US EditionSNB Signals Stronger FX Stance – Nomura
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4 Articles
The Swiss National Bank remains unchanged for the third consecutive year.
SNB signals stronger FX stance – Nomura
The post SNB signals stronger FX stance – Nomura appeared on BitcoinEthereumNews.com. Nomura analysts note that the Swiss National Bank (SNB) kept its policy rate at 0.00% and strengthened its guidance on FX intervention as the Swiss Franc (CHF) has appreciated. Very low Swiss inflation and a stronger CHF are seen prompting FX purchases in Q1. Nomura expects the policy rate to stay at 0.00% and sees no further rate cuts. SNB holds rates and eyes…
In an environment marked by the war in the Middle East and increased pressure on the franc, the issuing institution leaves its monetary policy unchanged.The Swiss National Bank, as expected by the markets, left its policy rate at 0%. In view of the conflict in the Middle East, the issuing institution stressed that it was "more willing to intervene in the foreign exchange market in order to counter a rapid and excessive appreciation of the franc,…
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