The president of the Swiss National Bank told Bloomberg that the recent strengthening of the Swiss franc has been significant enough so that it affects the inflation outlook. The central bank will take that into account at the next policy meeting on March 21. At the latest December meeting, the SNB shifted to a more neutral approach by no longer keeping the door for rate hikes formally open and making the FX intervention threat bidirectional again instead of focusing on CHF sales.
Gold Price Forecast: Buy-the-dips as XAU/USD charts a triangle breakout
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London open: FTSE takes cues from Wall Street Santa rally
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