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

SNB could remain ‘on hold’ tomorrow – Rabobank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Researchers at Rabobank sees the SNB keeping its monetary stance unchanged at tomorrow’s meeting.

    Key Quotes

    “What can we expect tomorrow? Rates will very likely remain on hold as the EUR/CHF currency pair advanced following the comments by Mario Draghi on the deposit rate”.

    “The forward on 3-month Libor rose from -1.05% to -0.81%. In fact, a very large majority of analysts does not expect a change on Thursday”.

    “We expect a dovish tone from the SNB, with Thomas Jordan repeating that the central bank is ready to do more, if necessary”.
    For more information, read our latest forex news.
     

Share This Page