SNB keeps hard line stance on CHF levels

FXStreet (Bali) - According to Thomas Jordan, chairman of the governing board of the Swiss National Bank, Switzerland could benefit from easier ECB policies should the Franc weaken along with the Euroean shared currency.

The SNB chief also said that the central bank is prepared to take more action in order to defend EUR/CHF floor, saying they will not hesitate to implement new measures if the Swiss Franc happens to appreciate against the Euro from current levels.