Suggesting upward pressure has eased on the franc, Swiss economic minister Johann...

|By:, SA News Editor

Suggesting upward pressure has eased on the franc, Swiss economic minister Johann Schneider-Ammann says the odds of emergency measures (capital controls or negative rates) have fallen. All this time we thought the setting of a floor on euro/franc was an emergency measure. Traders will have to await the next SNB report on reserves to find out if pressure on the franc has truly lifted.