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Yen skyrockets after intervention; SNB and BoE hike less than expected

Japan intervention boosts yen, but will the effect last? Franc tumbles as SNB hikes by 75 and not 100bps. BoE sees economy falling into recession this quarter. Equities extend tumble, yields climb higher.Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of pu...

Broadcast on:
23 Sep 2022

Japan intervention boosts yen, but will the effect last? Franc tumbles as SNB hikes by 75 and not 100bps. BoE sees economy falling into recession this quarter. Equities extend tumble, yields climb higher.

Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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