Andrea Maechler Being put on the currency manipulation watchlist by the United States will not change the Swiss National Bank’s (SNB) monetary policy, SNB Governing Board member Andrea Maechler said on Wednesday, per Reuters. “The SNB is ready to intervene in FX markets if needed,” Maechler noted and added that the SNB will end negative interest rates as soon as they are able to. Market reaction The USD/CHF pair largely ignored these remarks and was last seen trading at 0.9690, adding 0.08% on a daily basis. Related posts: US Treasury adds Swiss Franc back to its currency watch list – Bloomberg US places Switzerland on trade ‘watch list’ Referenzzins – SNB-Direktorin Maechler drängt auf rasche Saron-Umstellung More
Topics:
Eren Sengezer considers the following as important: 1) SNB and CHF, 1.) FXStreet on SNB&CHF, Andrea Maechler, Featured, newsletter
This could be interesting, too:
Cash writes SNB-Gewinn von 5 Mrd. Franken im zweiten Quartal erwartet
Von Marc Forster writes Immoblien – Wie Hypotharzinsen entstehen – und wie man mit diesem Wissen Geld spart
Cash writes SNB und SIX schützen Datenkommunikation vor Cyberrisiken
Cash writes Pandemie beschleunigt bargeldloses Bezahlen
Andrea Maechler
Being put on the currency manipulation watchlist by the United States will not change the Swiss National Bank’s (SNB) monetary policy, SNB Governing Board member Andrea Maechler said on Wednesday, per Reuters.
“The SNB is ready to intervene in FX markets if needed,” Maechler noted and added that the SNB will end negative interest rates as soon as they are able to.
Market reaction
The USD/CHF pair largely ignored these remarks and was last seen trading at 0.9690, adding 0.08% on a daily basis.
Tags: Andrea Maechler,Featured,newsletter