The Swiss franc takes just a bit of a tumble as acting SNB chief Thomas Jordan vows to enforce...

|By:, SA News Editor

The Swiss franc takes just a bit of a tumble as acting SNB chief Thomas Jordan vows to enforce the euro/franc floor of CHF 1.20 with "utmost determination." Traders have been testing the bank's mettle, pushing the pair down to 1.2030 yesterday. It's bounced to 1.2053 since Jordan's comments.