By Rob Howard — Dec 17 - 04:15 AM
EUR/CHF rose to 1.0820 EBS high shortly before SNB MPA at 08300GMT
SNB maintains expansive monetary policy to combat strong franc nL8N2IX1QI
1.0820 is the highest level since Dec 4 (1.0848 was EBS high that day)
On Wednesday, Trump administration called Switzerland a currency manipulator
See: nL1N2IW0YUnL8N2IW41F. SNB sold 90 bln francs in H1 nL1N2GR08S
Franc climbed to 71-month high against USD on Wednesday nL1N2IW1LH
EURCHF Click here
Source:
Refinitiv IFR Research/Market Commentary