Jordan continues to make the rounds

Jordan was on Cash TV and said the bank has no internal exchange rate threshold for intervention.

Separately, SNB #2 Zurbruegg talked about other central banks with Reuters:

  • Fed hike could be positive signal that would take some pressure of the Swiss franc
  • There's no upper limit to use the balance sheet for monetary policy goals
  • "Not only the ECB is dominant in our monetary policy. We have various factors."

The SNB left interest rates on hold today despite some speculation of a cut.