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SNB's Maechler says forex markets in wait-and-see mode over Brexit

Nuevos Vecinos, Madrid, España
SNB's Maechler says forex markets in wait-and-see mode over Brexit

BERN, June 13 (Reuters) – Global currency markets are in a wait-and-see mode while they await the outcome of Britain’s departure from the European Union, Swiss National Bank governing board member Andrea Maechler said.

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“The FX markets have show remarkable low volatility overall given the risk profile…but that’s only when you look at the spot market,” Maechler told a news conference on Thursday.

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“The markets are more in a wait-and-see mode,” she added, saying they needed to see the actual outcome of Brexit and whether a solution will be found.

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Reporting by John Revill; Editing by Michael Shields

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