SNB's Jordan spoke with Schweiz am Wochenende:
- Franc still 'significantly overvalued'
- Central bank's policy will remain expansive
- Sees a significant increase in political risks
- Currently no reason to adjust monetary policy
On politics:
""Important elections are due in France and Germany, the political development in Italy is unclear. In the U.K., there's uncertainty about how Brexit should be designed exactly. And in the U.S. it must still be seen what economic and trade policies the government will pursue under President Donald Trump"
EUR/CHF is testing the high of the day of 1.0680.
