SNB's Schlegel: We remain committed to our mandate of price stability
Source Fxstreet
Swiss National Bank (SNB) Chairman Martin Schlegel said on Tuesday that “we remain committed to our mandate of price stability.”
Additional quotes
- The Swiss franc has really appreciated a lot.
- We have said we are ready to intervene in the FX market as necessary.
USD/CHF reaction to SNB Schlegel’s comments
As of writing, USD/CHF is posting small gains near 0.8225, 0.13% higher on the day.
Swiss Franc PRICE Today
The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies today. Swiss Franc was the weakest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.28% | -0.23% | -0.32% | -0.10% | 0.09% | -0.38% | 0.02% | |
| EUR | 0.28% | 0.03% | -0.03% | 0.17% | 0.36% | -0.11% | 0.30% | |
| GBP | 0.23% | -0.03% | -0.08% | 0.14% | 0.35% | -0.14% | 0.29% | |
| JPY | 0.32% | 0.03% | 0.08% | 0.20% | 0.40% | 0.00% | 0.35% | |
| CAD | 0.10% | -0.17% | -0.14% | -0.20% | 0.19% | -0.27% | 0.15% | |
| AUD | -0.09% | -0.36% | -0.35% | -0.40% | -0.19% | -0.47% | -0.04% | |
| NZD | 0.38% | 0.11% | 0.14% | -0.00% | 0.27% | 0.47% | 0.43% | |
| CHF | -0.02% | -0.30% | -0.29% | -0.35% | -0.15% | 0.04% | -0.43% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Swiss Franc from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CHF (base)/USD (quote).
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
US Dollar's Decline Predicted in 2026: Morgan Stanley's Outlook on Currency VolatilityMorgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Morgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.
Gold's Historic 2025 Rally: Can the Momentum Last Through 2026?Following a historic surge in 2025 that saw prices climb over 60% and break records more than 50 times, gold investors are now looking ahead to assess whether the precious metal can sustain its momentum into 2026. Despite outperforming most major asset classes and heading for its best annual performance since 1979, analysts are divided on the outlook—with some seeing further room for gains and others cautioning that risks are rising.
Following a historic surge in 2025 that saw prices climb over 60% and break records more than 50 times, gold investors are now looking ahead to assess whether the precious metal can sustain its momentum into 2026. Despite outperforming most major asset classes and heading for its best annual performance since 1979, analysts are divided on the outlook—with some seeing further room for gains and others cautioning that risks are rising.
Oil prices rose in early Asian trading as the U.S. targets Venezuelan oil tankers amid geopolitical worries over Iran. Supply disruption fears contribute to rising Brent and WTI crude prices.
Gold surged to an all-time high as safe-haven demand increased due to escalating tensions between the U.S. and Venezuela, with significant gains seen in other precious metals like silver and platinum.
Bitcoin Faces Worst Fourth Quarter Since 2018 as Market Fatigue PersistsBitcoin's recent push back toward the $90,000 mark has provided the cryptocurrency market with a short-term lift, but few analysts view the move as a meaningful turning point following one of the weakest second halves in recent years.
Bitcoin's recent push back toward the $90,000 mark has provided the cryptocurrency market with a short-term lift, but few analysts view the move as a meaningful turning point following one of the weakest second halves in recent years.
Related Instrument
