SNB's Zurbruegg: Current interst rates are appropriate from a price stability point of view via ForexLive

Comments from SNB policymaker Zurbruegg in Geneva were due an hour ago but the first headline just hit. There's been talk about negative deposit rates but it looks like there's no appetite for a move unless the 1.20 floor in EUR/CHF is seriously challenged.

More comments:

• The franc is highly valued
• Will defend cap with utmost determination
• Prepared to take further measures immediately

posted via ForexLive