Those waiting for Jordan’s comments will be disappointed as his speech is i bank regulation, specifically how the SNB plans to deal with the twin Swiss behemoths, UBS and Credit Suisse.
No comment yet on monetary or FX policy. Look for reporters to try and button-hole him after the speech.
EUR/CHF dipped to 1.4265 from near 1.4280 after it became clear there would be no CHF-negative commentary…
