SNB vice chair: We have a greater willingness to intervene in the FX market
- We have said very clearly that, given the situation in the Middle East, we are ready to intervene
- We have a greater willingness to intervene
- We have observed since the start of the conflict that the franc has lost value
There is no market reaction to this headline, as the Swiss isn’t under any particular pressure.
This article was written by Adam Button at investinglive.com.