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16 Jan 2018

SNB’s Jordan: CHF remains highly valued

Following his speech at Zurich University, Swiss National Bank Chairman Thomas Jordan responded to questions from the audience, providing key quotes, via Reuters, found below.

I don't see crypto currencies currently as a risk.

The franc remains highly valued, negative rates still needed in international environment.

Jordan gives no forecast when normal interest rates will return.

Jan 16, 2018

GBP/USD consolidates daily losses below 1.38

Despite the critical macroeconomic data releases from the UK, the GBP/USD stayed in a relatively tight 60-pip range on Monday. After finding support a
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Jan 16, 2018

USD/CHF drops to fresh multi-month lows below 0.96 as DXY erases recovery gains

The USD/CHF pair reversed course in the NA session and gave back all of its gains to turn negative on the day, dropping to its lowest level since late
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