Advertising
Advertising
twitter
youtube
facebook
instagram
linkedin
Advertising

Swiss Franc Strengthens as SNB Expresses Hawkish Stance on Monetary Policy

Swiss Franc Strengthens as SNB Expresses Hawkish Stance on Monetary Policy
Aa
Share
facebook
twitter
linkedin

Table of contents

  1. EUR/CHF
    1. Potential trigger:

EUR/CHF

The Swiss franc might start looking more bullish if the SNB keeps up the hawkish rhetoric. SNB President Jordan is suggesting monetary policy is not tight enough.  Many traders, like ANZ are eying strategies that short EUR/CHF on any spike towards the 0.99 level.

 

Potential trigger:

Friday’s German industrial production and if economic gloom becomes the dominant theme for the eurozone.

 

swiss franc strengthens as snb expresses hawkish stance on monetary policy grafika numer 1swiss franc strengthens as snb expresses hawkish stance on monetary policy grafika numer 1


Ed Moya

Ed Moya

With more than 20 years’ trading experience, Ed Moya is a senior market analyst with OANDA, producing up-to-the-minute intermarket analysis, coverage of geopolitical events, central bank policies and market reaction to corporate news. His particular expertise lies across a wide range of asset classes including FX, commodities, fixed income, stocks and cryptocurrencies. Over the course of his career, Ed has worked with some of the leading forex brokerages, research teams and news departments on Wall Street including Global Forex Trading, FX Solutions and Trading Advantage. Most recently he worked with TradeTheNews.com, where he provided market analysis on economic data and corporate news. Based in New York, Ed is a regular guest on several major financial television networks including CNBC, Bloomberg TV, Yahoo! Finance Live, Fox Business and Sky TV. His views are trusted by the world’s most renowned global newswires including Reuters, Bloomberg and the Associated Press, and he is regularly quoted in leading publications such as MSN, MarketWatch, Forbes, Breitbart, The New York Times and The Wall Street Journal. Ed holds a BA in Economics from Rutgers University.


Advertising
Advertising