SNB’s Jordan: Swiss franc remains highly valued 0 (0)

Remarks by SNB chief, Thomas Jordan
– Negative rates, readiness to intervene in FX markets are essential
– Current monetary policy stance is necessary
– Swiss franc has weakened but remains highly valued
The same old, same old from Jordan. When all is said and done, expect SNB monetary policy to stay as it is with little incentive really

Go to Forexlive

NY mayor de Blasio: New York City to ‚fully reopen‘ on 1 July 0 (0)

de Blasio says New York is „ready to come back, and come back strong“
There is still a few months to go and with timelines like these, it is definitely a play-by-ear situation so we’ll see how things go in the coming weeks when they plan to ease some restrictions ahead of the big reopening later

Go to Forexlive