What is it? SNB Chairman Apr 2012 - Jun 2015. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
When? At 04:00am Eastern time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CHF to rise.
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