The Bank was widely expected to hold rates unchanged and only flag future tightening, mostly in response to the ECB. Meanwhile a 50bp hike from the record low -0.75% takes them ahead of the ECB (-0.5)
CHF gains, EURCHF dives below 1.03. The pair tested parity after Ukraine invasion but moved upwards partly on a belief that the SNB would lag behind ECB in tightening. With this not being the case now, is the parity back on the table?

Daily Summary: Hawkish Fed fails to scare the markets (17.09.2026)
Nasdaq 100 Up 1.7%
US Open: Nasdaq, gold and silver surge following... an interest rate hike (17.09.2026)
Indices rebound as oil slides to $102 📉 Low jobless claims reading supports US dollar