Swiss National Bank spokesman on Reuters
EURCHF joined in the euro rally post-ECB decision and we've seen 1.0884 just ahead of the offers at 1.0885 that I posted earlier
Currently back to 1.0851 while we wait to see what the ECB deliver in the presser.
Be assured that the SNB will be watching closely, if not already aware.
My take is that they believe the market may well do the work for them and therefore suspect the euro bears will continue to be disappointed
If not then then expect the SNB to prop up/smoothe EURCHF in the event of further falls
