Swiss National Bank still said to be on the bid in EUR/CHF at 1.4320/25.
Just hearing SNB still around in EUR/CHF. 1.4320/25 levels cited.
JUst been told Swiss National bank on the bid at 1.4325.
Just a reminder for all you Swissy traders out there that the SNB is reportedly, and has been for some time, buying EUR/CHF around the 1.4330 level.
Traders report the Swiss National Bank is supporting EUR/CHF at the 1.4320 level this morning. Last week they came in to chance the market higher, so far today they have taken a more passive approach.
EUR/CHF has continued lower, blowing up 1.4200 barrier. Presently at 1.4185 as stops tripped below 1.4200 with the SNB continuing to stay at home.
EUR/CHF up very slightly at 1.4310 from early 1.4295. The official also says expansionary monetary policy is appropriate at the present time.
Euro zone has a problem and Switzerland is suffering from it Level of euro is a cause of some concern for Switzerland EUR/CHF steady at 1.4270, pretty much where it started out this morning.