The presumed next head of the SNB, current Vice Chair Thomas Jordan - a classic career...

|By:, SA News Editor

The presumed next head of the SNB, current Vice Chair Thomas Jordan - a classic career technocrat as opposed to the former hedge funder Hildebrand - for now means the euro/swiss floor of 1.20 stands, writes Bruce Krasting. "The 'peg' is Jordan's baby," he says, likely to be aggressively defended.