SNB total sight deposits w.e. 24 June CHF 748.5 bn vs CHF 751.8 bn prior

• Domestic sight deposits CHF 653.5 bn vs CHF 661.7 bn prior

There's not much in this to suggest that the SNB is intervening strongly to limit the franc's strength. That could be a relief for the central bank but it may also speak a bit on market appetite in chasing a higher franc despite the SNB policy pivot.