Business
CHF/JPY loses 3% after SNB rate decision, Japan FX intervention
CHF/JPY suffered heavy losses during the European trading hours on Thursday. SNB hiked its policy rate by 75 bps following September policy meeting. Japanese government announced that they intervened in the FX market. After having touched its highest level since 1980 above 151.00 earlier in the day, the CHF/JPY pair lost over 600 pips in… […]