SNB's Jordan says he has no exchange rate targets

Everyone's fave central banker on the radio talking about EURCHF

We know he and his colleagues speak with forked tongue so we'll take these comments with a pinch/block of salt

"We have no such target. We have a policy that takes consideration of the difficult situation."

Meanwhile USDCHF has indeed found demand into 0.9665 as per the order board and currently stands at 0.9693

Jordan - read my lips, we have no EURCHF target rate.

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