SNB's Jordan turn to take the main stage
|It’s Friday April 28th, and here is this week’s edition of forex happy hour and market report for the final trading day of the week. Major currency pairs saw a ton of volatility in the past week as Major central banks laid out their policy statements. Today is Switzerland’s turn to catch the eyes of market participants. Swiss National Bank (SNB) Governor Thomas Jordan sharing his two cents about monetary and investment policy in Bern at 8 AM GMT. He did a bit a of jawboning a week ago in an interview in Washington. He casually said the SNB has willingness to intervene if necessary on the foreign-exchange market. He might be planning to put CHF under pressure a bit more today. Other than this, we have the UK GDP out at 8:30 AM expected to have risen to 2.2%, Euro-Zone Consumer Price Index Estimate will be out at 9 AM, and Canada and the US will release their respective GDP data at 12:30 PM, so there is a lot to look forward to if you are a day trader. For me, not so much, as I am long term investor. Thanks for watching, have a great weekend and come back for more from Capital Index and Invest Diva next week.
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