- Still looking at the possiblility of negative interest rates to fight the Swiss Franc appreciation
- Prepared for possible events such as another flight into the Swiss as a safe haven, and have developed scenarios to deal with it.
EUR/CHF spikes up to 1.2442 before easing off again to 1.2420.
NB:There’s talk of an option barrier by the way, sitting up at 1.2450
