Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 22 - 05:55 AM

EUR/CHF - Jumps As SNB's 75 Bps Hike Underwhelms Franc Longs

By Rob Howard  —  Sep 22 - 04:00 AM
  • EUR/CHF soars to 0.9625 EBS high as 75 bps SNB hike disappoints franc longs

  • See: nL8N30T1E2. Money markets had fully priced 100 bps hike from SNB

  • EUR/CHF fell to new seven-and-a-half year EBS low of 0.9468 into SNB MPA

  • Big contrast to June, when SNB's unexpected rate hike sent franc soaring

  • 0.9625 is highest level since Tuesday (0.9684 was EBS high that day)

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!