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Sunset Market Commentary - Action Forex

Summary

Speaking in Davos, Swiss National Bank president Schlegel defended the use of FX interventions saying they have worked in the past and added that policymakers would use it as a tool again if needed. He shrugged off the possibility of being labeled a currency manipulator by the Trump administration anew, which is what they did during Trump’s first term over the SNB’s previous large-scale interventions. But Schlegel also said that they are not cons

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Sunset Market Commentary - Action Forex

Markets All eyes are on the US dollar today. Yesterday’s sigh of relief by currencies ex-USD already went in reverse. President Trump didn’t go full-on tariff mode on day 1 in office and stopped short of announcing any. But mere hours later he very much kept the possibility afloat of levies on Canada and Mexico […] The post Sunset Market Commentary appeared first on Action Forex.

1 month ago

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Action Forex broke the news in 1 month ago on Tuesday, January 21, 2025.

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Sunset Market Commentary - Action Forex

1 Articles

1 Articles

Sunset Market Commentary - Action Forex

Sunset Market Commentary - Action Forex

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