SNB chairman Jordan speaking on Swiss tv 25 Jan

  • US economy and higher interest rates point to stronger USD

Good ol' TJ talking his book again! Obviously a little concerned that his long USDCHF possie getting a little hammered right now.

  • sometimes currency moves are hard to explain
  • one shouldn't worry too much as they can change day to day

Oh really ?

Currently 0.9419 still after the recover from 0.9390 but failing to make much progress higher