- still prepared to buy fx in unlimited quantities to defend it
Market unimpressed
USDCHF 0.9118 from 0.9121
EURCHF 1.2340 from 1.2345
Add:
- says CHF is still highly valued
- SNB ready to take further measures if required
Anyone going short of CHF into this montly mantra will be disappointed by the lack of upside movement in EURCHF or USDCHF
Lower now at 1.2330 and 0.9112
