SNB's Jordan says CHF cap was lifted because it wasn't sustainable

Author: Mike Paterson | Category: Central Banks

SNB head speaking to Swiss SRF tv. Bloomberg reporting

  • optimistic that industry will succeed in adapting to CHF appreciation
  • franc overvalued, a challenge for exporters

Repeating recent comments

USDCHF and EURCHF suitably unfazed at 0.9903 and 1.0812 but both feeling the impact of softer EURUSD

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