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Swiss Franc Benefits from Trump Trade
It is better to be dull than to make mistakes. This is the view of Thomas Jordan, who is retiring after a successful 12-year tenure at the helm of the SNB. His leadership has steered Switzerland through the challenges of Brexit, the global pandemic, deflationary pressures, and the surge in inflationary trends amidst Europe's energy crisis. The country's CPI has remained within the targeted range of 1-3% for the past 12 months. Meanwhile, the franc has outperformed all other G10 currencies over the past month, with the exception of the Japanese yen. While the Swiss National Bank's policy may have appeared somewhat ... (full story)
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- Posted: Jul 30, 2024 1:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,071
