Swiss National Bank (SNB) Chairman Thomas Jordan on Wednesday argued that the monetary policy with negative interest rate and readiness for intervention was still necessary. “Imbalances on swiss real estate market persist,” Jordan added while testifying before the government. “The situation on foreign exchange markets remains fragile, swiss franc remains highly valued.” The USD/CHF pair largely ignored these comments and was last seen trading at 0.9900, losing 0.3% on a daily basis. Later in the session, markets will be paying close attention to Federal Open Market Committee (FOMC) Chairman Jerome Powell’s speech. 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 Bitfinex launches cryptocurrency options in the first quarter of 2020 FX Street 3 years Swiss National Bank (SNB) Chairman Thomas Jordan on Wednesday argued that the monetary policy with negative interest rate and readiness for intervention was still necessary. "Imbalances on swiss real estate market persist," Jordan added while testifying before the government. "The situation on foreign exchange markets remains fragile, swiss franc remains highly valued." The USD/CHF pair largely ignored these comments and was last seen trading at 0.9900, losing 0.3% on a daily basis. Later in the session, markets will be paying close attention to Federal Open Market Committee (FOMC) Chairman Jerome Powell's speech. 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.
