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Fundamental Analysis Posted 2 hours ago

SNB Foreign-Currency Reserves Rise to CHF 770.1bn in August

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Swiss National Bank reserves increased CHF 1.9bn to CHF 770.1bn in August, marking a third consecutive monthly gain but significantly slower than July's CHF 9.3bn and June's CHF 48.0bn surges. The deceleration in reserve accumulation signals waning momentum in SNB intervention activity. USD/CHF traders should monitor whether this slowdown persists, as it may reflect reduced FX pressure or shifting policy positioning ahead.
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