SNB declines to comment on FX intervention - BBG

Dhwani Mehta FXStreet

According to a Bloomberg report, the Swiss National Bank (SNB) declined to comments on FX intervention, as markets suspect today’s sell-off in the Swiss Franc to be driven by the SNB intervention.

Meanwhile, the USD/CHF consolidates the rally near 0.9365, after the bulls faced exhaustion just ahead of 0.9380 levels.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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