Latest data released by the SNB - 7 January 2019

  • Domestic sight deposits CHF 480.0 bn vs CHF 479.0 bn prior

Prior week's release can be found here. Although EUR/CHF falls back to 1.12 levels, the SNB doesn't look like it is all too worried as sight deposits data hints that there was pretty much no "invisible hand" to disturb markets. So far, the comfort zone that the SNB has been going by is between 1.12 to 1.14 so let's see if that will change if price starts to fall below 1.12.