Swiss National Bank head Thomas Jordan in a scheduled speech 28 April
- and/or buy further foreign ccy
- maintaining expansionary mon pol in Switzerland is right course of action
- CHF still significantly overvalued
- political uncertainties remain in French election, Brexit and US administration
- challenge in coping with SNB balance sheet growth and handling large fluctuations in annual results
Such as I highlighted in my post reporting Q1 profits.
Everyone's fave CB boss/ccy manipulator saying nothing new but USDCHF up a little to 0.9943. Offers/res nearby around 0.9950-55
SNB's Jordan - Laughing all the way to the bank