SNB board member Maechler across the wires 31 Aug
- negative interest rates are vital for Switzerland at present
- CHF situation remains quite fragile
- weakening vs euro is going in right direction but too early to say if trend sustainable
- CHF continues to evolve in quite narrow band
- inflation remains at low level but some positive signs
Nothing new here
USD CHF 0.9634 from 0.9646 session highs. EURCHF 1.1456 from 1.1470 after decent early rally from 1.1440
Maechler - CHF situation still fragile. In any language
