SNB’s Maechler: Current monetary policy works in global context

Andréa M. Maechler, a member of the Governing Board of the SNB, recently crossed the wires arguing that they were still in need of an expansionary monetary policy. "Current monetary policy works in global context," Maechler added. There was no apparent reaction to these remarks and the USD/CHF pair was last seen consolidating its daily gains near 0.9970, where it was up 0.5% on a daily basis.

Mar 22, 2019

EUR/JPY sticks to awful data-led heavy intraday losses to near 2-week lows, sub-125.00 level

• Dismal German/Euro-zone manufacturing PMIs prompts some aggressive selling in the last hour. • Deteriorating risk sentiment underpins JPY’s

Canada: February headline inflation likely to firm to 1.5% - TDS

Analysts at TD Securities are looking for the Canadian headline inflation to firm to 1.5% y/y in February, with prices up 0.7% m/m (market: 1.4% y/y,