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Home Foreign Exchange

SNB minutes: In view of geopolitical situation and the associated flight to safe havens, however, the SNB’s willingness to intervene in the foreign exchange market should remain high in order to counter a rapid and excessive appreciation of the franc

currencycoach by currencycoach
April 16, 2026
in Foreign Exchange
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2020 FINANCIAL MARKETS DEPARTMENT HALF YEAR ACTIVITY REPORT
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Delayed


03:57:05 2026-04-16 am EDT

5-day change 1st Jan Change

0.5617 CHF

+0.19% Intraday chart for Australian Dollar / Swiss Franc (AUD/CHF) +0.39% +6.38%

Published on 04/16/2026
at 03:55 am EDT

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2026

04:03am

SNB minutes: forecast is within the range of price stability over the entire forecast horizon


RE
04:02am

Snb minutes: governing board discussed the conditional inflation forecast, which assumes that the snb policy rate remains unchanged at 0%


RE
04:02am

Snb minutes: Switzerland’s manufacturing industry is also less dependent on energy prices


RE
04:02am

Snb minutes: reason for this is that energy is of lower significance for consumption


RE
04:01am

SNB minutes: SNB addressed question why Switzerland is less affected by high energy prices than other countries


RE
04:01am

SNB minutes: only a slight downturn in sentiment is evident so far


RE
03:56am

Middle East war feeding uncertainty over economic outlook, SNB minutes show


RE
03:56am

SNB minutes: SNB considered how the effects of war in the Middle East were factored into the current forecasts and analyses


RE
03:55am

SNB minutes: In view of geopolitical situation and the associated flight to safe havens, however, the SNB’s willingness to intervene in the foreign exchange market should remain high in order to counter a rapid and excessive appreciation of the franc


RE
03:55am

SNB minutes: War in the Middle East could curb economic activity more strongly and increase upward pressure on the Swiss franc


RE
03:55am

Snb minutes: owing to the higher energy prices, inflation is likely to rise in many countries over the coming quarters


RE
03:54am

Snb minutes: main risk to the economic and inflation outlook for Switzerland stems from developments in the global economy


RE
03:54am

SNB minutes: it also concluded that monetary policy can currently still be considered expansionary as evident, among other things, in the growth in credit and in the broad monetary aggregates


RE
03:48am

Snb minutes: however, in light of the outlooks presented with regard to inflation and the economy, they remain appropriate


RE
03:48am

SNB minutes: in medium term, Swiss inflation is likely to decline again


RE

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Tags: AppreciationcounterexcessiveexchangeFlightforeignFrancGeopoliticalHavenshighinterveneMarketminutesOrderRapidRemainSafeSituationSNBSNBsViewwillingness
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