Swiss National Bank (SNB) news

The Swiss National Bank (SNB) is Switzerland's central bank. Its primary mandate is to maintain price stability, taking into account economic developments. The SNB manages monetary policy through interest rate adjustments and foreign exchange interventions, aiming to ensure stability and support the Swiss economy. It also manages Switzerland's gold reserves.

USD/CHF Slides Below 0.80 as Tariff Relief Talks Lift Swiss Franc

As most OECD markets close for Remembrance Day, Swiss banks remain active — and so do traders. USD/CHF extended its decline below 0.80 after reports that Switzerland is nearing a tariff deal with Washington. Hopes of reducing the levy from 39% to 15% have boosted confidence in the Swiss economy and pushed the franc to the top of the FX leaderboard.

11-11-2025 15:34 GMT by Elior Manier

Markets Today: Swiss Inflation Steady, Gold Nears $3900/oz, DAX Eyes Potential 900 Point Move

This article provides a comprehensive market update, covering steady Swiss inflation, a surge in Asian and European stock markets driven by the tech sector and OpenAI partnerships, the US dollar's struggle, and a slight rise in gold and oil prices. It also includes a technical analysis of the DAX Index.

02-10-2025 09:28 GMT by Zain Vawda