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Franc remains ‘overvalued’ – SNB’s T.Jordan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - SNB’s President Thomas Jordan has once again reiterated that the safe haven CHF remains ‘overvalued’.

    He has also added that ‘overvaluation’ is corrected over time.

    At the moment, the Swiss franc is advancing vs. EUR and USD, with EUR/CHF hovering over 1.0860 and USD/CHF testing lows around 1.0130.
    For more information, read our latest forex news.
     

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