SNB Vice Chair says they are ready to intervene in the FX market
Newsquawk Staff ·
SNB Vice Chair says they are ready to intervene in the FX market.
What it means
The SNB Vice Chair's statement about readiness to intervene in the FX market suggests they are concerned about excessive currency volatility, particularly with EUR/CHF. This hints at a hawkish stance aimed at stabilizing the Swiss franc, which could influence rate expectations and market sentiment towards risk assets in the region.
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