Tag: Swiss National Bank

March 10, 2016 BY LeapRate Staff

The ECB plays its last card and will force the SNB to react

The following commentary on the monetary policy decision by the European Central Bank is courtesy of Laurent Bakhtiari, Market Analyst at IG Switzerland. [divide] As suggested in our previous comment, the ECB decreased its main refinancing rate to 0.00%. However, the ECB did not decide to act solely on this rate, it also cut the…

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January 23, 2016 BY LeapRate Staff

How did the SNB reshape the FX industry?

The following guest post is courtesy of Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex. [divide] In my opinion, last year’s SNB decision to remove the 1.20 floor on EURCHF acted as a catalyst, reshaping how we now view and approach the FX industry. As we observed throughout 2015, the SNB move radically altered…

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