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SNB's Maechler: We are still in territory where the Swiss franc is high
SNB'S MAECHLER: WE ARE STILL IN TERRITORY WHERE THE SWISS FRANC IS HIGH.
— Breaking Market News (@financialjuice) November 11, 2021
Added at 1:49pm
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SNB'S MAECHLER: THAT WHILE I DO NOT KNOW WHERE THE SWISS FRANC WILL GO, WE HAVE A SAFE HAVEN CURRENCY.
— Breaking Market News (@financialjuice) November 11, 2021
Added at 1:50pm
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SNB'S MAECHLER: WHEN WE OPERATE IN THE FOREX MARKET, WE ATTEMPT TO HAVE THE MOST IMPACT WITH THE LEAST AMOUNT OF ACTIVITY.
— Breaking Market News (@financialjuice) November 11, 2021
Added at 1:52pm
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SNB'S MAECHLER: WE DON'T INTEND TO HAVE AN IMPACT ON THE MARKET STRUCTURE VIA ASSET MANAGEMENT.
— Breaking Market News (@financialjuice) November 11, 2021