The Swiss National Bank has just delivered one of the biggest surprises in the history of central banking courtesy of a 50 basis point interest rate hike.
June 16,2022
Switzerland’s Franc has climbed from 2022 lows beneath parity against the Dollar thanks to an optimistic take from the market on the outlook for Swiss National Bank monetary policy, although one economist has warned that the SNB could yet become a headwind for the Franc again in the year ahead.
June 8,2022
HSBC says it dosn't anticipate the EUR/CHF exchange rate falling back to parity, instead they now see looming Franc weakness.
May 10,2022
The Swiss Franc was a notable underperformer within the complex of perceived safe-havens during the final session of the week while the recently troubled Japanese Yen was the outperformer even as U.S. government bond yields lifted the Dollar against most other major currencies.
April 27,2022
"The Swiss trade balance has remained in surplus territory: in essence, Swiss trade resilience to the global terms of trade shock has been another reason why CHF has been more durable in the current environment" - Bank of America.
April 21,2022
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