Swiss National Bank sight deposits w-e 23 June
- domestic CHF491.74 bln vs 482.02 bln prev
Domestic depos making further gains and an indication of how inclined banks are to find a safe haven for their money.
SNB never too far away from the action to smoother USDCHF/EURCHF.
Total sight depos inc other depos on sight in CHF. Sight depos are the accounts of commercial banks with the SNB and make up a large part of the banking system's liquidity. The SNB increase sight deposits by FX swaps and repos of its own debt.
USDCHF 0.9695 after 0.9688 lows as EURUSD retreats back through 1.1200 with EURCHF steady around 1.0860
