What's your process when two central banks decide on the same day?
Some days stack multiple decisions — like 24 September, when the SNB, Norges Bank and the Riksbank all announce (preview and SNB preview).
How do you handle it?
- how you sequence the day
- the cross-currency interactions you watch
- whether you trade one, all or none
Background: how interest rate decisions move currencies.
Background: How interest rate decisions move currencies
Central bank decisions are the biggest scheduled events in forex. Why rates matter, why a hike can weaken a currency, and what to read beyond the decision.
Does a rate hike always strengthen a currency?
No. If the hike was fully expected, it is already in the price. The currency can even weaken if the central bank signals that it won't raise rates further.
What does hawkish mean?
Leaning towards higher interest rates to control inflation. A hawkish surprise usually supports the currency.
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