CHF: SNB Chairman Schlegel Speaks

The speech by SNB Chairman Thomas Schlegel provided insights that may influence expectations regarding monetary policy. His comments on inflation and the central bank's future actions were in line with forecasts, suggesting stability in the SNB's approach. In the near term, we can expect a moderate reaction in the currency market, where CHF may appreciate, while stock indices could remain under pressure. It is important to monitor market sentiment and volatility, particularly in the context of DXY and the yield curve, to better understand the market's future directions.