SNB To Stick To FX Interventions In Response To ECB - Credit Suisse

Discussion in 'Market News' started by ForexLive, Feb 17, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    From Credit Suisse: The main driver of CHF continues to be the extent to which SNB seems prepared to resist external developments (such as a new round of ECB easing and safe haven pressures). SNB should be willing and able to intervene against both these risks, which will keep EURCHF on a gradually rising trend from its current 1.10 level.

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