SYFX

SNB total sight deposits w.e. 21 AUG CHF 700.0 bn vs CHF 698.9 bn prior

Published On: August 24, 2020

Summary

By sueyangfx.com August 24, 2020 at 09:52AM Via SNB Domestic sight deposits CHF 634.2 billion Sight Deposits have risen by +1.1 bn CHF. This means that the SNB is intervening and buying Euros and Dollars. We saw some sharp […]

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By sueyangfx.com

August 24, 2020 at 09:52AM

Via SNB

Domestic sight deposits CHF 634.2 billion
Sight Deposits have risen by +1.1 bn CHF. This means that the SNB is intervening and buying Euros and Dollars. We saw some sharp moves last week in the EURCHF and USDCHF pair on light news flows. It was most likely the SNB intervening and the increase in total

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