• The SNB is likely to be active in the FX market says Nomura

Market news

27 tháng 2 2017

The SNB is likely to be active in the FX market says Nomura

"Recently, the market has been paying more attention to the Swiss franc as EUR/CHF heads lower.

The SNB is likely to be active in the FX market as EUR/CHF depreciation pressures increase ahead of euro area political events.

Further accumulation of SNB reserves is likely, and its diversification may attract market interest.

Our analysis shows that, historically, a month after SNB intervention, JPY and USD tend to outperform, while NOK and NZD tend to underperform".

Copyright © 2017 Nomura, eFXnews™

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