News Headline Summary

EUR/CHF continues to move higher touching 1.2125 this morning as speculation continues to circulate that the SNB could act further to prevent CHF strength

Update details:

- Of note, both UBS and Credit Suisse have now put negative deposit rates on certain short-term CHF holding accounts. The SNB's 3-Month Libor Target rate decision is expected unchanged this Thursday.

Print 08:46, 11 Dec 2012 - FX Flows - Source: RANsquawk