SNB’s Jordan says ready to continue interventions to fight rise in swiss franc

SNB’s Jordan says the bank is ready to continue interventions to fight rise in swiss franc on an ad-hoc basis. He feels market seems to have understood SNB’s intentions.

Jordan feels bank is in a position of strength as it pursues “massive” quantitative easing.

EUR/CHF trading firmer, presently at 1.5240 from a European opening down around 1.5200.