Swiss National Bank Says Intervention No Longer Needed Now

Swiss National Bank Signals Expansive Policy, Excess Liquidity Supports Stability

SNB minutes confirm monetary policy remains expansive with excess liquidity supporting medium-term price stability. This reinforces the central bank's accommodative stance amid rising inflation pressures and falling consumer confidence. CHF traders watch for signals on future rate decisions as the macro chain moves toward policy action.

https://x.com/FirstSquawk/status/2113172905811161301

SNB says Swiss inflation likely to rise near-term on energy prices

Swiss National Bank flagged near-term upward pressure on inflation from higher energy costs. The statement signals potential headwinds to disinflation momentum and may influence SNB rate expectations. CHF traders watch for any shift in the central bank's reaction function as energy-driven inflation risks emerge.

https://x.com/financialjuice/status/2113171809076224094

Swiss National Bank Signals Reduced FX Intervention as Franc Carry-Trade Demand Rises

The SNB's September policy minutes reveal a shift in stance: widening interest-rate differentials and subdued FX volatility have made the franc increasingly attractive as a carry-trade funding currency, despite a 3% trade-weighted depreciation since June. The central bank's eased readiness to intervene signals tolerance for further franc weakness. CHF pairs face structural headwinds as carry flows persist.

https://www.actionforex.com/live-comments/658325-snb-flags-franc-carry-trade-appeal-as-fx-intervention-readiness-eases/