Swiss inflation rises to 0.8%: how are you approaching the franc before the SNB?

Swiss consumer prices were 0.8% higher in August than a year earlier, according to the Federal Statistical Office, with rents and fuel among the main drivers. The Swiss National Bank announces its next decision on 24 September, with its policy rate at 0%.

Questions for franc traders:

  • Does rising inflation change how you think about the SNB's options?
  • Are you watching EUR/CHF or USD/CHF, and why?
  • How much of the franc's recent moves do you put down to safe-haven demand rather than the SNB?

Reading: Swiss inflation in August, the SNB preview, safe-haven currencies and, for history, the 2015 franc shock.

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