USD/CHF and EUR/CHF are both appreciably firmer, USD/CHF presently at 1.0990, EUR/CHF at 1.5335. Rumours are doing the rounds that the SNB has once again stepped into the market to buy both pairings. The central bank as usual refuses to comment.
If they are in, given the extent of the move, then it’s certainly not with the same aggressiveness as yesterday.
