There, my best Victor Meldrew impersonation.

EUR/CHF steady at 1.4780. Alot of people seem to be pouring cold water on talk that BIS entered market buying EUR/CHF. They see the rally as just a sign of a very nervy market anticipating possible intervention. Even heard talk BIS turned round and sold up at highs. Ummmmm. Its that Chinese curse again; may you live in interesting times.