FX Talk - an Ebury podcast

S3E13: Swiss franc flex its muscles, again

Ebury FX Talk Season 3 Episode 13

The Swiss franc was the best performing currency in the G10 last week after the SNB shocked markets by announcing a 50 basis point interest rate hike - the consensus was for no change. The bank also changed its wording on the franc, no longer calling it ‘highly valued’ and saying that it would be prepared to intervene in the market on both sides.

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