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USD/CHF Forecast: SNB to Pursue Price Stability Objective Independently

Started by forex4you, Oct 12, 2022, 08:32 pm

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Oct 12, 2022, 08:32 pm
USD/CHF Forecast: SNB to Pursue Price Stability Objective Independently

SNB Chairman Jordan championed central bank independence amid political pressure to slow down. SNB looks set to raise rates further after the last 75bps hike. The SNB favors a stronger franc as it reduces imported inflation. Today’s USD/CHF forecast is bearish as the franc strengthens on SNB Chair Jordan’s hawkish remarks. The market awaits FOMC … Continued


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