SNB's Jordan: Prepared to intervene in FX market if necessary

Jordan has said this many times before

• Prepared to intervene in currency market if necessary, expects this and negative interest rates to weaken franc over time
• SNB not limited in its intervention in currency market

EUR/CHF is near a session high at 1.0868. The pair hasn't gotten any benefit from risk aversion over the past two weeks. It's likely the SNB has been intervening heavily.