Swiss National Bank board member Maechler in a newspaper interview 6 Feb
– franc remains significantly overvalued and presents big challenges to business
– economy can not depend on one "magic number"
USDCHF 0.9942 having found support around 0.9920 again. SNB possibly sniffing but EURCHF 1.0688 having failed above 1.0700 again.
SNB’s Maechler says they focus on overall FX situation, not just the euro
