EUR/CHF continues its slide. The SNB has apparently decided that until the Greek situation is sorted out, it makes very little sense to try and hold back the tide. Once the Greek risk has died down and and the safe-haven role of the franc recedes, the SNB will likely return to the markets to weaken the currency. They do not look like they are willing to catch a falling knife, however.
The cross has traded as low as 1.4262 is the low, so far, literally off the charts.
