SNB's Jordan: Prepared to intervene in FX market if necessary
From news.forexlive.com
Jordan has said this many times before • Prepared to intervene in currency market if necessary, expects this and negative interest rates to weaken franc over time • SNB not limited in its intervention in currency market EUR/CHF is near a session high at 1.0868. The pair hasn't gotten any benefit from risk aversion over the past two weeks. It's likely the SNB has been intervening heavily
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