At its March 19, 2026 monetary policy meeting, the Swiss National Bank (SNB) left the official rate unchanged at 0.00%, maintaining its ultra-low-rate stance amid subdued inflation and a still-elevated Swiss franc. The Bank reiterated that sight deposits at the SNB would continue to be remunerated at the policy rate up to a certain threshold, […]
EURJPY Falls After the BOJ
The Bank of Japan on Thursday kept its rates steady at 0.75%, as expected, but noted that inflation risks are now tilted to the upside due to the Iran war. The decision was split, with eight of the nine members voting in favour of a hold and only Hajime Takata proposing a rate hike to […]
EURUSD, 2026 Runs Flat Compared to 2022
In the next 48 hours, all the major central banks in the world will meet and decide the next steps in their respective monetary policies, after the Australian RBA once again raised its benchmark rate on Tuesday morning. It starts in a few hours with the Bank of Canada, followed by the Fed, then BOJ, […]
EURAUD Attempts a Rebound as ECB Outlook Shifts
There is a second major shift—the first is obviously the oil shock—produced by the current crisis in the Middle East: the policy outlook of the major global central banks has changed rapidly, and this is something we will discuss in greater depth later this week. The discussion is no longer only about accommodative policy and […]
