Comments from the Swiss government on the crisis response said they’re still evaluating options on how to deal with the European crisis. They said the cap is the most important tool do deal weaken the franc.
No details on what options they are evaluating but I suspect ‘hope’ and ‘prayer’ are the other options after ‘printing obscene amounts of francs to support the peg.’
Nothing happening in EUR/CHF, at 1.2010.
