Friday, November 20, 2015

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

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.
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