Following the Swiss Nation Bank (SNB) monetary policy announcement, Chairman Jordan said that strengthened interventions have had an impact against the upward pressure of the Swiss franc while addressing the post-policy press conference. Key Quotes “SNB will use all instruments to deal with an extremely uncertain environment.” “More details on FX transactions a response to bigger international interest.” “Monetary policy situation remains more or less the same.” “Brexit, US-China trade tensions heighten uncertainties, the environment for monetary policy remains challenging.” “Higher inflation forecast is based on higher oil prices mainly.” “Outlook has not fundamentally changed.” “Market intervention data publication is intended to give clarity and transparency.” “No plan to publish minutes of monetary policy decisions.” “Takes all currencies into consideration when considering the exchange rate, and decide then what is necessary for policy.” Related reads SNB’s Jordan: Economic recovery situation is still fragile USD/CHF holds steady near two-month tops, just below mid-0.9200s post-SNB 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 UniSwap Price Analysis: UNI rebounds from the dip, bulls aim higher FX Street 1 year Following the Swiss Nation Bank (SNB) monetary policy announcement, Chairman Jordan said that strengthened interventions have had an impact against the upward pressure of the Swiss franc while addressing the post-policy press conference. Key Quotes “SNB will use all instruments to deal with an extremely uncertain environment.” “More details on FX transactions a response to bigger international interest.” “Monetary policy situation remains more or less the same.” “Brexit, US-China trade tensions heighten uncertainties, the environment for monetary policy remains challenging.” “Higher inflation forecast is based on higher oil prices mainly.” “Outlook has not fundamentally changed.” “Market intervention data publication… Top 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.
