The SNB will not allow any excessive franc rise that could lead to deflation, he continued. The SNB clearly has the means to to do this he says.
I guess a EUR/CHF slide to 1.4233 can’t be considered “excessive” since they’ve done diddly so far…
EUR/CHF is testing the “old” all-time low at 1.4300 after the comments. Talk alone won’t boost EUR/CHF for long, I’d expect…
