Swiss National Bank likely intervened in FX market to support franc

Swiss National Bank likely intervened in FX market to support franc
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Swiss National Bank likely intervened in FX market to support franc
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Yesterday’s tepid rise in US stock values indicates ongoing market unease, even with tariff reprieves from China. The dollar’s failure to strengthen, despite a recovery in Treasury bonds, suggests a persistent lack of confidence in the USD, making a swift turnaround unlikely. A move towards 1.15 for EUR/USD seems plausible, as the euro remains a…
Price activity in the GBPUSD market continues to respond to geopolitical developments. The US dollar was impacted by reports of tension between Israel and Iran, following Israel’s alleged attack on Iranian oil facilities. However, the response eased as further reports revealed that oil facilities were unaffected. This may be notable, as the economic calendar may…
According to media reports, Israel launched a large-scale overnight strike on Iranian territory, targeting dozens of military and strategic facilities linked to the country’s nuclear programme and missile capabilities. Israeli officials justified the action by citing an existential threat from Tehran, which, according to their intelligence, is accelerating its development of nuclear weapons and expanding…
Will Eurozone CPI Shift the ECB Outlook? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link