Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
TRON 
Lido Staked Ether 
Dogecoin 
US tariffs are damping global growthHe’s just repeating what he already said two weeks ago here. Again, the SNB is expected to remain on hold for a long time. They’ve already
said many times that the bar to go back to NIRP (negative interest rate
policy) is very high. They will need significant negative shocks to the
economy to go down that route.As a reminder, the SNB forecasted nominal inflation rate to average 0.4% in Q4 2025. For the year, they see 0.2% in 2025, 0.5% in 2026 and 0.7% in 2027. The SNB’s target range is 0-2%.
This article was written by Giuseppe Dellamotta at investinglive.com.
đź’ˇ DMK Insight
US tariffs are weighing on global growth, and here’s why that matters for traders: persistent trade tensions can lead to volatility across multiple asset classes. With the Swiss National Bank (SNB) signaling a long hold on interest rates, traders should be cautious about the impact on the Swiss franc and related currency pairs. If global growth continues to falter, we might see a flight to safety, which could strengthen the franc against weaker currencies. It’s also worth noting that the SNB’s reluctance to return to negative rates suggests they’re prioritizing stability over aggressive monetary easing, which could keep the franc relatively strong. Traders should monitor economic indicators from both the US and Europe, as any signs of further deterioration could trigger a risk-off sentiment. Keep an eye on key support levels for the franc against the euro and dollar, as these could provide entry points for swing trades. In the current climate, the interplay between tariffs and central bank policies is crucial. Watch for any unexpected shifts in trade policy or economic data releases that could spark volatility in the forex markets.
đź“® Takeaway
Monitor the Swiss franc against the euro and dollar for potential entry points, especially if global growth indicators worsen.
