✉news BusinessBanking first seen 12 h ago, last 6 h ago, peak #5

Swiss National Bank Kept Selling Francs in Second Quarter

Original: SNB Continued Franc Sales in Second Quarter, Stemming Flows

The Swiss National Bank continued selling francs in the second quarter, according to Bloomberg, a move seen as stemming strong inflows into the safe-haven currency. Traders and analysts are watching the SNB's interventions closely as franc strength pressures Swiss exporters and shapes expectations for the bank's monetary policy stance.

Why now: Central bank currency interventions are closely watched for signals about Swiss monetary policy and franc strength.

Swiss National BankSwiss franc

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Rank over time, top of the chart is #1. 5 snapshots from 12 h ago to 6 h ago.

Evidence

• SNB Continued Franc Sales in Second Quarter, Stemming Flows · Bloomberg.com

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