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23 Jan 2020

SNB’s Jordan: The US watchlist does not affect ability to intervene

Further comments are crossing the wires from the Swiss National Bank (SNB) Thomas Jordan, via Reuters, as he now about the US adding Swiss to the currency manipulation watchlist earlier this month.

The US watchlist does not affect ability to intervene, we have good dialogue with the US.

We explain situation carefully to US, they understand Swiss position.

We do not manipulate currency; we intervene to steer monetary conditions in Switzerland.

Smaller interest rate differential is key reason for negative rates.

Jan 23, 2020

GBP/JPY retreats further below 144.00 handle

The GBP/JPY cross edged lower through the early European session on Thursday and eroded a part of the previous session's positive move to over one-mon
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Jan 23, 2020

Higher USD/JPY is still on the cards – UOB

USD/JPY is still expected to inch higher in the next weeks, according to FX Strategists at UOB Group. Key Quotes 24-hour view: “As with yesterday’s up
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