Currency Alerts

Swiss Franc Slides After SNB Schlegel's Remark

The Swiss franc weakened against other major currencies in the Asian session on Wednesday, after Swiss National Bank (SNB) President Schlegel reiterated bank's readiness to intervene while preserving price stability.

SNB President Schlegel's most recent remarks just restate the well-known message that the SNB is getting more prepared to intervene in the foreign exchange market.

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by RTTNews Staff Writer

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