SNB chairman Jordan speaking to CNBC 25 Jan
- declines to comment on Mnuchin's USD comments
- no facing a ccy war
- shouldn't focus on daily fx volatility
- SNB doesn't look at specific FX rates when deciding policy
Different day, same mantra.
Earlier I reported TJ talking his book by commenting that USD should be higher.
USDCHF currently back up to 0.9382 from 0.9357 amid general USD demand returning and EURCHF still above 1.1700 but down from 1.1741
