SNB’s Jordan: Expects euro area to emerge from recession in 2013, still considerable uncertainty

Author: Gerry Davies | Category: News

Let’s hope he’s right!!

  • Cannot exclude SNB will have to again intervene substantially to enforce cap

Meanwhile SNB’s Zurbruegg

  • SNB aims to further diversify foreign currency investments
  • SNB has no interest in causing market distortions, influencing currency movements abroad