SNB’s Maechler: Tension on financial markets has markedly increased after the SVB collapse

Dhwani Mehta FXStreet

Swiss National Bank governing board member Andrea Maechler said on Thursday, “tension on the financial markets has markedly increased following the collapse of Silicon Valley Bank.”

"US dollar liquidity is particularly sought after," added Maechler, in remarks prepared after the SNB’s 50 bps rate hike decision.

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Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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