• The SNB’s danthing is saying they are monitoring franc developments constantly
  • He sees a risk of deflation in 2012 if there’s an economic downturn
  • Ready to take further measures on the franc
  • Comments in a Swiss newspaper

He made similar comments just before the jump on Monday/Tuesday. Quick 40 pip rise in EUR/CHF on this.

I’m long and always looking to get longer in this pair.