The Traderszone Network

Published in TZ Latest News 13 September, 2017 by The TZ Newswire Staff

SNB says significant overvaluation of CHF has been reduced

SNB statement out with the policy decision to leave rates on hold 14 Sept
– Swiss franc nevertheless remains highly valued
– situation on FX markets still fragile
A small nod to the fact that EURCHF has rallied well over a period of time thanks in no small part to their smoothing but also a general EUR demand.