Switzerland Aug foreign currency reserves 7 Sept

  • prev revised up from CHF 714.3bln

Not a lot to glean after these numbers except the continuation of a steady trend higher highlighting the on-going SNB intervention/smoothing.

USDCHF 0.9551 near Asian/sessions after the failure at 0.9600. EURCHF 1.1401 ranging still.

More detail from the SNB here