Latest data released by the SNB - 6 January 2020
- Domestic sight deposits CHF 502.5 bn vs CHF 499.0 bn prior
Prior week's release can be found here. Overall sight deposits tick higher for the first time in more than a month as it could allude to the SNB stepping in a little to temper with franc gains from US-Iran tensions since last Friday.
Given that EUR/CHF is nearing its 2019 low @ 1.0811, the central bank may be forced to intervene a little more to moderate gains in the currency in the near-term.
