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CHF remains overvalued – SNB’s T.Jordan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - Thomas Jordan, President of the SNB, has once again (and again and again) reiterated that the Swiss currency remains ‘overvalued’.

    He also asserted that the central bank remains ready to intervene in case of need.

    In the meantime, the Swiss safe haven is trading on a weaker note vs. the Euro and the Dollar, at 1.1150 and 1.0220, respectively at the time of writing.
    For more information, read our latest forex news.
     

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