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SNB’s Zanetti: Negative interest rates are an option

Swiss National Bank (SNB) governing board member Atillio Zanetti said on Tuesday, “negative interest rates are an option.”

“We have all the required instruments, even with zero interest rates,” Zanetti added.

US Dollar Index (DXY) dives below 96.00 following upbeat Eurozone data

The US Dollar remains on the back foot on Tuesday, weighed by renewed concerns about the US fiscal health, growing trade uncertainty and investors’ bets on Fed cuts, as President Trump continues attacking the Fed Chair, Jerome Powell.In this context, the US Dollar Index (DXY) extended its decline fo
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Brent crude faces renewed pressure after 200-DMA rejection – Société Générale

Brent crude's failed attempt to hold above its 200-day moving average has reinforced downside risks, setting the stage for a continued retreat toward key support levels.
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