Similarities and Differences Between Swiss National Bank and Bank of Japan!
3/28、As trading activity in the U.S. bond market was lackluster ahead of the Easter holidays, the euro-dollar declined. At the same time, the euro/Swiss franc also tumbled, and it is inferred that the Swiss National Bank (hereinafter the SNB) conducted euro selling and Swiss franc buying interventions. We will explain the similarities and differences between the SNB, which frequently engages in currency interventions to buy Swiss francs, and the Bank of Japan (hereinafter the BOJ), which for the first time in two years showed a stance to intervene to buy its own currency, and how these two central banks impact the currency markets.
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