Swiss National Bank chairman Jordan with his press conference 16 June 2016
- Brexit vote may cause uncertainty, turbulence
- will monitor situation closely and act if required
- franc remains significantly overvalued
- neg rates absolutely essential tool
Earlier this morning the SNB left interest rates on hold as widely expected.
On Monday I wrote this on the SNB/Brexit scenario.
Meanwhile USDCHF little changed at 0.9606. EURGBP 1.0825