SNB's Chairman Schlegel says the SNB has a higher willingness to intervene in the FX markets

The comments from SNB Chairman Schlegel indicate a more proactive stance on FX market intervention, potentially reflecting rising concerns about currency stability and economic growth in Switzerland.

Newsquawk StaffPublished 17 Apr 2026, 18:10 UTCOn the live feed at 17:50 UTC — 4 more headlines followed before this page went public

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17:57

Regarding three-page memorandum of understanding for lasting US-Iran peace deal, NYT says it defines a 60 day period for negotiations to continue and reach a deal, according to sources

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Brazil's Treasury Secretary sees room for more FX linked debt

17:50

SNB's Chairman Schlegel says the SNB has a higher willingness to intervene in the FX markets

17:41

UK PM Starmer was kept in the dark about sensitive information relating to Peter Mandelson’s security vetting by two other top civil servants, including the head of the civil service, the Guardian can reveal

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Ukraine President Zelensky says Russia appears to be regrouping forces, Russian forces showing greater activity in Belarus; Ukraine believes Russia will once again try to involve Belarus in the war

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Growth expected to be subdued this year, seen recovering in 2027.

Context

This shift suggests that the SNB may adjust its policy approach in response to subdued growth expectations, which could impact CHF valuations and influence market sentiment regarding risk assets and interest rates.

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