Swiss economy minister wishes EUR/CHF were closer to PPP at around 1.40

And I wish I could dunk a basketball. Neither of those things is likely to happen anytime soon.

PPP is purchasing power parity, a horrible forecasting tool for currencies.

The SNB needs a new chief as soon as possible, the EcoMin says, noting that the bank is well-governed by interim chief Jordan, according to Reuters headlines.

EUR/CHF us unmoved at 1.2067.