Swiss National Bank'a Andrea Maechler still speaking in Singapore
- not clear where the lower bound to rates is though
Well thanks for clearing that one up then.
SNB head honcho Jordan has also previously expressed a view that negative rates have a finite limit but as with all CB rhetoric leaves us guessing as to exactly where.
Either way USDCHF not going anywhere in a hurry right now at 0.9665. EURCHF has rigor mortis setting in at 1.0883