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SNB total sight deposits w.e. 19 November CHF 719.3 bn vs CHF 719.2 bn prior

November 22, 2021 by admin 0 Comments

Latest data released by the SNB – 22 November 2021

Domestic sight deposits CHF 646.7 bn vs CHF 644.1 bn prior

Prior week’s release can be found here. Surprisingly not a meaningful increase in overall sight deposits even as EUR/CHF broke to fresh lows since 2015 on Friday last week. Perhaps the SNB is biding their time to step in but one should figure that they may step up interventions in general as the franc threatens to break higher.

This article was originally published by Forexlive.com. Read the original article here.