Can't keep the man away from the mic at the moment

Now on CNBC

  • SNB willing to intervene if necessary
  • does not believe SNB has lost credibility

A central bank losing credibility? Surely not!

  • half of Swiss negative inflation is oil price and other part is CHF appreciation

Meanwhile USDCHF capping above 0.9900 as euro pressure sees EURCHF down to 1.0818