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


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.

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