Not wrong there, but has been for a while now eh?
- SNB will take further measures on franc if needed
- measures starting to cool housing market
- Swiss inflation at bottom of SNB price-stability range
I just had a thought… how glorious it would be if the SNB had to intervene during their own press conference.. Has TJ got a panic button under the desk ?
Danthine:
- should consider action if real-estate market picks up
- imperative to find a solution for too big to fail
- seesrisks for Swiss banks from mortgage market
- SNB recognizes banks progress on capital situation
Zurbruegg:
- CHF still too high through sdafe haven demand and Eurozone uncertainty
Nothing to set the world alight here so far
USDCHF still 0.9655 EURCHF on session lows at 1.2014 chewing through some bids as longs bail out above 1.2030 once again
