Johanes

USD/CHF DOWNWARD TO 0.8700 FOR 15 % WIDTH OF MEDIUM-TERM BAND

Short
FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
The USD/CHF breaking her lower medium-term price stability at 0.9500 by aligned to downward. Based on medium-term exchange rate target zone analysis, the downward pressure may visit the level of 0.7650, however the downward pressure may limited to 0.8700 for 15 % width of medium-term exchange rate target zone as regulated by the international commitment. Should the USD/CHF exceeds the policy then the IMF and BIS may issue notice on SNB and FED to restore price stability for global economic and financial stability management as agreed by international consensus on managed float.

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