Just reading some Dow Jones comments.
“HSBC says SNB has just launched an endurance contest whereby the central bank needs to fight hard against a market that could soon test its resolve.”
HSBC analyst says “Putting EUR/CHF at 1.20 today is the easy part. Keeping it there or significantly above will be difficult if the world still looks like a gloomy place.” (a tip towards swissy’s safe haven status)
