SNB total sight deposits w.e. 6 June CHF 438.1 bn vs CHF 444.9 bn prior

• Domestic sight deposits CHF 426.3 bn vs CHF 434.3 bn prior

That’s a modest drop in Swiss sight deposits, with the overall figure down to its lowest since the end of February. This follows from weeks of steadier numbers over the last few months. Let’s see what the next few weeks indicate to be sure of any intervention intentions, or lack thereof, by the SNB.

This article was written by Justin Low at www.forexlive.com.