FX Markets Begin Holiday Lull As EURUSD Creeps Back Above 1.3000

Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
GBP 0.24
EUR 0.14
JPY -0.03
CHF -0.18
Yesterday’s session was headlined by the SNB’s latest monetary policy meeting, amid swirling rumours of a rise in the EURCHF exchange rate floor. Instead however, Swiss policy makers opted to keep policy unchanged, leaving interest rates at 0.00% and the EURCHF floor at 1.2000. The statement offered very little new information other than some mild adjustments lower for growth and inflation in the…

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