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USD/CHF Outlook: SNB Maechler Flags Further Hikes and Interventions

Started by forex4you, Oct 07, 2022, 04:16 am

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Oct 07, 2022, 04:16 am
USD/CHF Outlook: SNB Maechler Flags Further Hikes and Interventions

The SNB will continue raising interest rates after the 75bps rate hike. The SNB might intervene in the currency market if the franc becomes too strong. Swiss inflation has resurfaced, reaching 3.3% in September. Today’s USD/CHF outlook is bearish. Andrea Maechler, a member of the SNB Governing Board, stated on Wednesday that the Swiss National … Continued


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