More from SNB’s Jordan: There is a certain risk of trade war

SNB head Jordan talking to SRF Radio 15 March

• it’s important all realise how key trade is
• Europe-Russia conflict could affect markets
• franc has been relatively stable lately vs euro
• situation is significantly better than in early 2017

That might be because you keep sticking your Size 10s in every time it wobbles. Still got a dodgy USDCHF position to make good though eh TJ?

• mon pol to remain expansive
• int rate differential to other countries remains important

Yep, so hopefully a few US rate hikes will help you out .. Ditto BOJ.

USDCHF still going nowhere in a hurry at 0.9460.  EURCHF clinging onto 1.1680 still.

                  Jordan wearing his happy face