EUR/CHF at one-month high today

Swiss National Bank deputy Zurbruegg said he hasn't seen safe haven flows into the franc over the past six months.

In the prior year, turmoil in Russia/Ukraine and various parts of the Eurozone crisis -- especially Greece -- led to safe haven flows into the franc.

At the moment, all is quiet on the geopolitical front but it's only a matter of time until someone wants francs.

Mike had a more in-depth look at EUR/CHF earlier.