Dec 17, 2020 10:17 GMTFXStreet News Following the Swiss Nation Bank (SNB) monetary policy announcement, Chairman Jordan said that there is strong appreciation pressure on the franc during times of uncertainty while speaking at the post-policy press conference. The SNB board member Andrea Maechler also commented on the exchange rate value, citing that it remains highly valued. Further comments “A stronger appreciation would have placed an additional burden on the economy.” “Trade-weighted franc is 1.5% stronger than in June.” Related reads SNB leaves key rate unchanged at -0.75% USD/CHF hangs near multi-year lows, moves little post-SNBGet the 5 most predictable currency pairs