News Headline Summary

SNB's Jordan says will keep enforcing CHF cap with most utmost determination

Says:
- Ready to take other measures if necessary.
- Minimum exchange rate is appropriate monetary policy instrument for foreseeable future.
- SNB didn't create competitive advantage with cap.

Reaction details:

- EUR/CHF moved 8 pips higher in the immediate reaction to the comments before quickly paring; trades 1.2342 (+12 pips) last.

Print 17:15, 19 Feb 2013 - SNB - Source: Newswires