Below are some key quotes, via Reuters, from the speech delivered by the Swiss National Bank Governing Board Member Andréa Maechleris. Still too early to contemplate tightening monetary policy. Economic developments favourable but inflationary pressures low, Swiss franc highly valued, the situation on forex market fragile. Forex intervention has become important tool in implementation of SNB monetary policy. SNB retains ability to steer interest rates even without libor, for instance via negative interest rate on sight deposits. 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 GBP/USD: neutral/bearish technicals, tilted bearish though – Scotiabank FX Street 3 years Below are some key quotes, via Reuters, from the speech delivered by the Swiss National Bank Governing Board Member Andréa Maechleris. Still too early to contemplate tightening monetary policy. Economic developments favourable but inflationary pressures low, Swiss franc highly valued, the situation on forex market fragile. Forex intervention has become important tool in implementation of SNB monetary policy. SNB retains ability to steer interest rates even without libor, for instance via negative interest rate on sight deposits. 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.
