• EUR/CHF regains 1.00 this week, despite CS view for higher SNB rates

• 1.0068 Wed's peak - January 13 and 6-month high 1.0097 caps for now

• JPM daily note expects minimum move to 1.02 - potentially 1.05 in time

• They cite need for China reopening narrative to maintain the steam

• FX options were topside short covering on initial 1.00 barrier break

• Mild implied volatility setback from 13 Jan peaks but fresh demand now

• Technical data shows lots of EUR/CHF topside potential nL1N34A0E2

  
  

  
  

  
  

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