SNB head Jordan talking to SRF Radio 15 March

  • it's important all realise how key trade is
  • Europe-Russia conflict could affect markets
  • franc has been relatively stable lately vs euro
  • situation is significantly better than in early 2017

That might be because you keep sticking your Size 10s in every time it wobbles. Still got a dodgy USDCHF position to make good though eh TJ?

  • mon pol to remain expansive
  • int rate differential to other countries remains important

Yep, so hopefully a few US rate hikes will help you out .. Ditto BOJ.

USDCHF still going nowhere in a hurry at 0.9460. EURCHF clinging onto 1.1680 still.

Jordan wearing his happy face