1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Is the SNB about to Shock the Markets again?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    The Swiss National Bank (SNB) is due to meet this week to set monetary policy. The market consensus is for no change to policy, despite the economic indicators. Does that just set us up for another shock? Admittedly, it would take a monumental cut to interest rates to provide a bigger shock than when the SNB depegged the Franc against the Euro. That was a once in a generation event which led to the Franc appreciating over 40% at one stage. But the SNB could certainly take the market by

    Continue reading...
     

Share This Page