Markets

SNB foreign currency reserves April CHF 587.6bln vs CHF 575.8bln prev

Swiss National Bank forex reserves data for April

No real surprises given the on-going SNB "smoothing" to weaken the franc.

Adam offered up his thoughts on that and why they're a glaring omission from the US Treasury's hit-list here

USDCHF 0.9678 near session lows as EURUSD rallies but losses tempered as EURCHF remains near 1.1050.

SNB intervention again can't be ruled out.

Full SNB release here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos