SNB Must Be in Market ‘Right Now’ to Weaken Franc, Junius Says

The Swiss National Bank is very likely to be intervening in currency markets to curb the franc’s strength, according to Karsten Junius, chief economist at Bank J Safra Sarasin.

By Bastian Benrath-Wright · Bloomberg Markets

The Swiss National Bank is very likely to be intervening in currency markets to curb the franc’s strength, according to Karsten Junius, chief economist at Bank J Safra Sarasin.