In an interview with the Swiss newspaper Tages-Anzeiger, Swiss National Bank Chairman Thomas Jordan argued that the currency markets were fragile and they were forcing the central bank to stay on its current course after political turbulence in Italy sent the Swiss franc soaring, as reported by Reuters. Below are some other key quotes from the article. Our monetary policy, with negative interest rates and the readiness to intervene in currency markets when necessary, takes this fragility into account. Jordan also reiterated his opposition to a popular initiative on sovereign money slated for next month that could transform how Swiss lenders operate, saying changes pursued by proponents would be “extremely problematic” and based on “mistaken thinking”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ecuador OilMin: OPEC should maintain output cuts at next meeting FX Street 5 years In an interview with the Swiss newspaper Tages-Anzeiger, Swiss National Bank Chairman Thomas Jordan argued that the currency markets were fragile and they were forcing the central bank to stay on its current course after political turbulence in Italy sent the Swiss franc soaring, as reported by Reuters. Below are some other key quotes from the article. Our monetary policy, with negative interest rates and the readiness to intervene in currency markets when necessary, takes this fragility into account. Jordan also reiterated his opposition to a popular initiative on sovereign money slated for next month that could transform how Swiss… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
