Forex Flash: SNB likely to lift EUR/CHF floor to 1.3000 – UBS – NASDAQ

January 16, 2012 by stanh  
Filed under FX News

Forex Flash: SNB likely to lift EUR/CHF floor to 1.3000 – UBS
NASDAQ
According to M.Mansoor, Managing Director of Forex Exchange Strategy at UBS, "if the SNB holds EUR/CHF at 1.20 as we expect it still faces the prospect of deflation deepening in 2012 given the strength of the franc and rising recession in the Eurozone.

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