SNB Jordan: Cannot say how long negative interest rates will last

Summary:
. SNBs Jordan on the wires The Swiss national banks Jordan is on the wires saying: He cannot say how long negative interest rates will last Negative rates are necessary for now Interest rate spreads like important role for exchange rates The USDCHF is trading higher today. It currently trades at 0.9861. The 100 hour moving average stalled the rally at 0.98737 today. The 200 hour moving average at 0.98479 was rebroken to the upside earlier. That is now support. ForexLive Related posts: SNB’s Maechler: Reaffirms Pledges on FX and Intervention, Negative Rates UBS To Start Charging Rich Clients With Negative 0.75 percent Interest Rate Towards A Globalist Utopia: “Negative Rates Are Coming, Whether You Like It Or Not”

Topics:
Forexlive considers the following as important: 1) SNB and CHF, 1.) Cash News on SNB, Featured, newsletter, Swiss National Bank, Thomas Jordan

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