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SNB vice chairman avoids comment on UBS headquarter plans
ZURICH, March 20 (Reuters) - Swiss National Bank Vice Chairman Antoine Martin said the SNB did not comment on decisions of private companies like UBS UBSG.S, when asked about the possibility that the bank could consider leaving the country. Speaking at a press conference on Thursday, Martin told rep...Reuters
Thu, Mar 20
Swiss National Bank still ready to intervene in forex market, says it's no currency manipulator
ZURICH, March 20 (Reuters) - The Swiss National Bank will continue to use foreign currency market interventions if necessary, Chairman Martin Schlegel said on Thursday, adding the central bank was not a currency manipulator.The SNB had not used currency interventions to gain a competitive advantage ...Reuters
Thu, Mar 20
FOREX-Dollar inches higher as Fed's signals no rush to cut rates
Dollar up as Fed says in no rush to cut Sterling slips after hitting four-month high ahead of BoE meeting SNB cuts, Riksbank on holdAussie down after soft labour data, kiwi down 0.5%By Samuel Indyk and Ankur Banerjee LONDON, March 20 (Reuters) - The dollar inched up on Thursday after the Federal ...Reuters
Thu, Mar 20
SNB’s Tschudin: Economic situation for Switzerland has become considerably more uncertain
Swiss National Bank (SNB) governing board member Petra Tschudin is addressing the post-policy meeting press conference, explaining the decision behind the 25 basis points (bps) interest rate cut to 0.25%.
Fxstreet
Thu, Mar 20
SNB sees main risks to Swiss economy coming from abroad, says Tschudin
ZURICH, March 20 (Reuters) - The economic outlook for Switzerland has become "considerably" more uncertain," Swiss National Bank governing board member Petra Tschudin said on Thursday, citing developments abroad as the main risk."The economic outlook for Switzerland has become consid...Reuters
Thu, Mar 20
Swiss National Bank vice chairman emphasises uncertainty
ZURICH, March 20 (Reuters) - The Swiss National Bank anticipates that growth in the global economy will remain moderate over the coming quarters, Vice Chairman Antoine Martin said on Thursday.The high level of uncertainty surrounding trade policy will likely weigh on investment, Martin said after th...Reuters
Thu, Mar 20
SNB chairman sees rising global economic uncertainty
ZURICH, March 20 (Reuters) - Uncertainty about the development of the global economy and inflation has increased "significantly", Swiss National Bank Chairman Martin Schlegel said on Thursday."As a result, the outlook for inflation in Switzerland, too, is currently very uncertain. At pre...Reuters
Thu, Mar 20
USD/CHF retakes 0.8800 after SNB cuts rates by 25 bps; remains below 200-day SMA
The USD/CHF pair reverses an intraday dip to the 0.8755 area or a one-week low touched during the early European session on Thursday and spikes to a fresh daily high in reaction to the Swiss National Bank (SNB) policy decision.Fxstreet
Thu, Mar 20
Swiss National Bank cuts rates
By John Revill ZURICH, March 20 (Reuters) - The Swiss National Bank cut its policy interest rate by 25 basis points on Thursday, leaving borrowing costs just above zero as it weighs the impact of U.S. President Donald Trump's trade policy on inflation and the global economy.The SNB reduced it...Reuters
Thu, Mar 20
