SNB’s Zurbruegg: EUR/CHF 1.20 floor to stay in place for forseeable future

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Eamonn Sheridan

10/02/2013 | 20:22 GMT

Reported in a Swiss newspaper (via Reuters)

Says the SNB is ready to take additional measures if necessary
Says CHF still overvalued
SNB sees no danger of inflation
EUR/CHF well off the floor – no SNB intervention like before at present

USD/CHF guide 0.9201 –

–

UPDATED 2049GMT USD/CHF guide now 0.9194, Puts EUR/CHF around 1.2279

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