EUR/CHF steady as euro zone worries soar. Pressure building on peg
EUR/CHF sits at 1.2006.
As one reader has just said “SNB must be working very hard today.” Yes indeedy!!
Talk has it that there has been very decent interest to buy 1.1700 EUR/CHF 3 month puts.
Some obviously think the SNB may have to abandon the peg real soon.