SNB’s Schlegel dodges question on the addition of “if necessary” about FX intervention
During the SNB press conference, Chairman Schlegel was asked why they added "if necessary" in the line saying "readiness to intervene in forex markets is higher". Was it because they see less urgency given the positive developments in the Middle East?
Schlegel dodged the question by saying that "if necessary their readiness to intervene in forex market is higher, difficult to say if it is more or less than before". This has led to more weakness in the Swiss franc.
In the prior statement, they said "SNB's willingness to intervene in the foreign exchange market has increased" but today they added "if necessary" which reads somewhat less "hawkish".
This article was written by Giuseppe Dellamotta at investinglive.com.提供 MainLink：Investinglive RSS Breaking News Feed
FX初心者には必須 無料のうちにGET！
