Speaking to Bloombergs
- factors for weakening the franc are in place
- ready to intervene in CHF if needed
- interventions are a very strong tool
Ramping up the rhetoric a little but talk is cheap. Let's see if they ramp up the activity
Ironically by removing the EURCHF floor they frightened off a lot of potential CHF sellers. The man should be careful what he wishes for
Jordan in serious face mode
