Pressure is rising on the Swiss franc. With the franc near its strongest level against the euro in almost 21 months, the Swiss National Bank may intervene for the first time in two years to defend its cap of 1.20 versus the shared currency, according to economists from ING Bank NV to Julius Baer Group Ltd. Demand for the franc increased after European Central Bank President Mario Draghi stepped up his rhetoric this month on policies needed to combat weak inflation, edging the ECB closer to quantitative easing. The conflicts between Ukraine and Russia, as well as in the Middle East, have also increased appetite for ... (full story)