EUR. Switzerland

Squaring up to the SNB

Ever since the introduction of the floor on EUR/CHF at 1.20, there has been a relatively comfortable relationship between the market and Swiss central bank. But with the euro having struggled this year on the majors, EUR/CHF has nudged ever closer to the line in the sand, CHF up 0.80% so far this year with just a further 0.55% appreciation required to hit 1.20 on EUR/CHF. Read more

26/01/2012 @ 12:18 GMT

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