Dislikedagreed but can can change the level of "stomach ache" of Mr. Jordan, so maybe it can force some policy change,
still I do think that SNB have chosen a bad strategy to leave EURCHF bulls disappointed, with that strategy they "won" maybe 35BLN EUR offloading over months and in 2-3 weeks they soaked up maybe 50BLN EUR. If they make such a strategy that they support the bullish trend and chart, then now they would might have an army of 200x leveraged warriors on their side either grexit or not grexit pfff.
should they lower the peg to 1,1...Ignored
They could of talked the franc down a lot more than they have.for instance when Jordan was elected he said they wouldn't bring in negative rates.why would he say that in public surely he should of said we may bring in negative rates.