SNB Keeps Up Franc Defense as Euro-Area Crisis Risks Persist

SNB Keeps Up Franc Defense as Euro-Area Crisis Risks Persist

Valentin Flauraud/Bloomberg

The franc has weakened 2.6 percent since a European Central Bank pledge to defend the integrity of the euro area in July eased tensions, and just one of 48 economists in a Bloomberg survey sees the franc breaching the cap this year.