Data bank a intervention

First question we need to ask is why the SNB bought FX positions? This is answered in detail below: In short, they did not accept a stronger franc that would result in a free market.

The SNB had impetus to intervene last week as the franc slipped to francs per euro, the strongest it has been relative to the common currency since the market turbulence surrounding Britain’s vote in June to exit the bloc.


Data Bank A InterventionData Bank A InterventionData Bank A InterventionData Bank A Intervention

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