Word that the SNB spent an astonishing EUR 57 bln to weaken the franc in the month of May with NO lasting impact has seen the cross extend its losses to fresh lows at 1.3785. Heavy offers are now seen at 1.3850/60 on rebounds.
EUR 57 bln doesn’t buy what it used to….
Best in 2026
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
