Swiss National Bank forex reserves data for April
No real surprises given the on-going SNB "smoothing" to weaken the franc.
Adam offered up his thoughts on that and why they're a glaring omission from the US Treasury's hit-list here
USDCHF 0.9678 near session lows as EURUSD rallies but losses tempered as EURCHF remains near 1.1050.
SNB intervention again can't be ruled out.
Full SNB release here.
