SNB sight deposit data 28 Nov
- domestic sight deposits CHF 463.0bln vs 458.4bln
More evidence, if we needed any, of the SNB intervening last week to weaken the franc.
USDCHF 1.0088 off its highs amidst the general USD supply in Asia and early Europe. EURCHF 1.0757 also off its highs but both underpinned courtesy of the SNB
