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Breaking Posted 10 hours ago

SNB Sold Francs in Q1 as Iran Conflict Erupted

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The Swiss National Bank intervened in the first quarter to stem franc appreciation triggered by US-Israel military action against Iran. SNB franc sales countered safe-haven demand for the currency. USD/CHF and EUR/CHF pairs were pressured higher as the SNB actively managed volatility during geopolitical shock.
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9 hours ago

ECB's Sleijpen: Iran War Inflation Shock Extent Unclear

ECB Governing Council member Olaf Sleijpen said the full extent of inflation shock from the Iran war remains uncertain and policymakers will respond as data arrives. EUR/USD and EUR crosses are relevant as ECB inflation guidance directly influences rate expectations and euro positioning ahead of potential policy adjustments.

https://www.bloomberg.com/news/articles/2026-06-30/ecb-s-sleijpen-says-extent-of-inflation-shock-remains-to-be-seen
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@asuquokelvin · 6 hours ago

Everybody suddenly became best friends with panic. One guy kept screaming, another kept cleaning up the mess, while the market refreshed the chart every three seconds like it would magically fix itself

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