1.25 ??? 2 weeks,eur/chf already at 1.24++, and SNB still got the pressure from parliament and many companies that chf still overvalue...so it is unlikely SNB intervene just to rise 200 pips from 1.234 ( rate at the moment )
SNB May Raise Franc Cap This Month, Wellershoff Tells St. Galler
Klaus Wellershoff, former chief economist at UBS AG (UBSN), expects the Swiss National Bank to raise its cap on the franc to 1.25 from 1.20 against the euro in the coming month, St. Galler Tagblatt reported. An increase to 1.30 francs is likely to follow, the Swiss newspaper cited Wellershoff as saying.