SNB
Leaning on a spear can be a similar analogy to relying on the SNB to intervene in the EURCHF exchange rate. In January 2015 the SNB famously stepped back from defending the 1.2000 peg and the pair fell dramatically.However, despite this unreliable past the SNB still to regularly intervene in the EURCHF pair by buying

Danske expects the Fed to finish tapering in April now, as compared to June previously, in light of Powell’s hawkish shift yesterday
The firm is revising its Fed call after Powell’s remarks, arguing that the Fed is expected to increase the pace of tapering from $15 billion per month to $25 billion per month so that

OECD says that inflation is the main risk to the economic outlook
The organisation says that the main risk to the otherwise upbeat global outlook is that if the current inflation spike proves longer and rises more than anticipated.