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Events · SNB

SNB Rate Decision, explained.

The SNB's decision on its policy rate, plus any comments on currency intervention.

Why it moves markets

The franc is often treated as a safe haven; SNB comments about intervening in currency markets can move it as much as the rate itself.

Who publishes it, and when

Swiss National Bank. Quarterly, 9:30am Zurich time.

Pairs that often react

USD/CHFEUR/CHF

Pairs that include the currency involved usually react most. How much and in which direction depends on the surprise against expectations and on everything else going on. This isn't a prediction.

Educational only. Not advice and not a signal. Spreads often widen and prices can gap around big releases.