Renewed upside pressure on the CHF

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events SNB: Verbal intervention or more in pipeline? (by Yann Quelenn) The EURCHF is now back towards 1.0900 and downside pressures are still very significant for the pair. SNB President, Thomas Jordan has warned that he may further ease policy, yet, the central bank does not have much room as interest rates are already very deep into negative territory and the peg has proven to be a very expensive measure. As a result, Jordan has warned that exemption limits from negative

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