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Goldman Sachs raised EUR/CHF targets

Goldman Sachs raised EUR/CHF targets

  • Follows the surprise rate cut from the Swiss National Bank last week
Eamonn Sheridan
Eamonn Sheridan
Monday, 25/03/2024 | 01:49 GMT-0
25/03/2024 | 01:49 GMT-0
Central Banks

Swiss National Bank rate cut has undermined the CHF, demoted to funding currency of choice

Swiss National Bank rate cut has undermined the CHF, demoted to funding currency of choice

  • HSBC are expecting continued underperformance of the Swissy after the SNB policy move
Eamonn Sheridan
Eamonn Sheridan
Thursday, 21/03/2024 | 20:30 GMT-0
21/03/2024 | 20:30 GMT-0
Central Banks

SNB chairman Thomas Jordan says rate cut is not a parting gift

SNB chairman Thomas Jordan says rate cut is not a parting gift

  • Jordan is due to step down as Swiss central bank chairman in September
Justin Low
Justin Low
Thursday, 21/03/2024 | 09:37 GMT-0
21/03/2024 | 09:37 GMT-0
News

Swiss franc tumbles after SNB surprises with a rate cut today

Swiss franc tumbles after SNB surprises with a rate cut today

  • Traders now have to play catch up to the Swiss central bank's action
Justin Low
Justin Low
Thursday, 21/03/2024 | 08:57 GMT-0
21/03/2024 | 08:57 GMT-0
Central Banks

SNB cuts key policy rate by 25 bps to 1.50% from 1.75% previously

SNB cuts key policy rate by 25 bps to 1.50% from 1.75% previously

  • The Swiss central bank announces its monetary policy decision for March 2024
Justin Low
Justin Low
Thursday, 21/03/2024 | 08:30 GMT-0
21/03/2024 | 08:30 GMT-0
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