SNB President Jordan: Cutting rates is unfavourable at present

Market news

19 March 2020

SNB President Jordan: Cutting rates is unfavourable at present

We are not a currency manipulator
We do not intervene to take advantage of other currencies
Central banks around the world are in close contact
But monetary policy alone cannot solve this crisis
Monetary policy is complementary and can support fiscal measures

German government to plan €40 billion aid package for small businesses, self-employed - Reuters reports, citing a government source on the matter

Eurozone: Construction Output, y/y, January 6%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.