EUR/CHF has ticked higher, back over 1.5300, presently at 1.5330. According to market sources there is a lot of speculation the SNB has been active, but no one reports having seen the bank directly. Some feel the SNB might be intervening through an intermediary. Could be I guess, anythings possible. Suffice it to say, with all the scuttlebutt doing the rounds, downside for the cross looks limited.