CHF remains overvalued – SNB’s T.Jordan

FXStreet (Edinburgh) - Thomas Jordan, President of the SNB, has once again (and again and again) reiterated that the Swiss currency remains ‘overvalued’.

He also asserted that the central bank remains ready to intervene in case of need.

In the meantime, the Swiss safe haven is trading on a weaker note vs. the Euro and the Dollar, at 1.1150 and 1.0220, respectively at the time of writing.