- forex market not yet stabilized
- still “much too early” to make make new economic projections
The SNB remains ready to intervene on foreign exchange markets
SNB No 2 Danthine this time quoted from an interview with Tribune de Genev and unsurprisingly doesn’t tell us exactly where he would like EURCHF to actually be, but given its huge drop we can only assume the current level is too low
Danthine has also made similar comments in an interview with 24 Heures as well as Tages-Anzeiger that Eamonn reported earlier
EURCHF unfazed at 1.0145 USDCHF 0.9030
SNB’s Danthine – keeping us guessing on the desired EURCHF level
