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SNB Schlegel: Swiss inflation is low in international comparison but still too high
SNB vice chair Schlegel is speaking and says:Swiss inflation is low in international comparison but still too highSwiss inflation is above the level we associate with price stabilityWe cannot rule out further interest rate hikes to bring inflation under controlLooking at the hourly chart of the USDCHF above, the pair is testing it's a 200 hour moving average (green line in the chart above) and 50% midpoint of the move down from last week's high. Both those levels come in and near 0.89895. Earli...
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Posted: Apr 19 2023, 16:34
Author Name: forexlive
Views: 110770