غير مصنف

SNB’s Zurbruegg: Situation on FX market remains fragile

[ad_1]

While speaking at an economic forum in Landquart, Switzerland, the Swiss National Bank’s Vice-Chairman Fritz Zurbruegg said that the situation in the forex markets was still fragile to reiterate Chairman Jordan comments from last week.

Key quotes (via Reuters)

  • Uncertainties have risen of late, including protectionism, Brexit, Italy.
  • Outlook for Swiss economy favourable.
  • Highly valued swiss franc remains a risk.
  • Inflationary pressure remains slight.
  • Interest rate differentials important for exchange rates.
  • Current monetary policy remains appropriate.
  • Heightened uncertainty, highly valued franc, low inflation pressure and global low rates warrant expansive policy.

Get the 5 most predictable currency pairs

[ad_2]

Source link

اظهر المزيد

مقالات ذات صلة

زر الذهاب إلى الأعلى