Swiss govt out with a response to US ccy manipulator list 18 April
- acknowledges Switzerland appearing on US ccy manipulation monitoring list but has no immediate consequences
- SNB follows its own independent mon pol
- franc remains over valued
Nothing we wouldn't expect in response from the Swiss after being outed by Trump's list.
USDCHF nudging back up a tad at 1.0038. EURCHF steady at 1.0685
Jordan & Co - Currency manipulators without doubt
