• Macro Outlook
    • Currency movements

FX Viewpoint

  • Article

Weekly foreign exchange insights   

Key highlights

  • The BoJ raised its policy rate for the first time in 17 years…
  • …but the SNB surprisingly cut its rate for the first time in nine years, getting ahead of other G10 peers
  • We see upside risks to the JPY, but downside risks to the CHF; the USD is likely to remain resilient

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