- Global economy supports swiss economy, export capacity better utilised
- Rise in mortgage loans and movements in real estate prices are risks demanding attention
- SNB to publish information on current fx reserves on website at start of each month
SNB’s deflationary concerns have disapated somewhat, lessening the need to fight swissy strength. The market has taken the hint and clobbered the EUR/CHF cross. Been as low as 1.3764, presently at 1.3780.
