EURCHF trades at 1.1639

The Swiss finance minister is no the wire saying that the Franc is overvalued vs the EUR but that they can live with it.

The EURCHF trades at 1.1639 currently. It remains below the 1.2000 level that was the level the SNB pegged prior to the January 2014 when they stopped selling the currency. The CHF shot higher and has been recovering since.

Earlier this year the price moved to a high of 1.20047, and sellers reentered (buyers of CHF).

The low since reached 1.1367. We trade near the middle of the 2018 range (that is at 1.1686)