EUR/CHF has fallen back to 1.2850 (where SNB bids were rumored earlier) as Greece says there is not considering any form of debt restructuring. USD/CHF is being pummeled as well, sliding to 0.9525 in very short order.
I’d be very reluctant to buy euros while the franc is strengthening so dramatically…CHF, of late, has risen as an alternative to the euro, not in tandem.
