SNB’s Danthine says current level of EURCHF not justified

The SNB remains ready to intervene on foreign exchange markets

SNB No 2 Danthine this time quoted from an interview with Tribune de Genev and unsurprisingly doesn’t tell us exactly where he would like EURCHF to actually be, but given its huge drop we can only assume the current level is too low

Danthine has also made similar comments in an interview with 24 Heures as well as Tages-Anzeiger that Eamonn reported earlier

EURCHF unfazed at 1.0145  USDCHF 0.9030

January 27th, 2015 06:26:23 GMT by Mike Paterson View Comments