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22 Jan 2020

SNB's Maechler: SNB will not change policy after being put on watch list by US

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.

The USD/CHF pair largely ignored these remarks and was last seen trading at 0.9690, adding 0.08% on a daily basis.

Jan 22, 2020

WTI slumps to fresh seven-week lows below $57

Despite the fact that Libya's National Oil Corp hasn't yet started to resume oil production after closing the ports of Hariga, Brega, Sidra, and Ras L
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Jan 22, 2020

AUD/USD Price Analysis: Aussie under pressure near January lows

AUD/USD is hovering near the monthly lows while trading below the 50/100 and 200-day simple moving averages (SMAs), suggesting an overall bearish momentum.
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