SNB
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Heed the SNB’s warning if inflation reading is high!
The SNB has already given warnings that it could take monetary policy action between meetings if necessary.

SNB surprises everyone and hikes 50bps! USD/CHF falls 300 pips
The central bank also said the franc is no longer overvalued; however, they stand ready to intervene in the fx market if necessary.

European Open: GBP/CHF in focus for today’s SNB and BOE meetings
Hot on the heels of the Fed meeting, the SNB (Swiss National Bank) and BOE (Bank of England) are up next in today’s European session.

Swiss CPI strong; Is the SNB ready to act?
The CPI reading for Switzerland in April was 2.9% YoY, its highest level since September 2008!

Are SNB being ‘franc’ about a potential hike?
Comments from SNB’s president suggest the central bank might be closer to hiking rates sooner than some expect.

EUR/CHF has potential for a big drop (but not THAT big)
A possible 175 pip move down to 1.0334 is definitely something to be on the lookout for
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“Fed members are continuing to talk a hawkish game and that has weighed on sentiment for equity traders. But we’ve reached that stage of the year where price action is choppy and its direction can be fickle,” Matt Simpson, market analyst @CityIndexSG https://t.co/cTc7MTns3j