SNB total sight deposits w.e. 12 August CHF 751.3 bn vs CHF 749.6 bn prior

* Domestic sight deposits CHF 644.1 bn vs CHF 642.1 bn prior Swiss sight deposits have been picking up a little in the past few weeks and that could be a sign that the SNB is trying to smooth out the strength in the franc as EUR/CHF continues its slide below parity, with the momentum having kicked off after the central bank's policy pivot in June. This article was written by Justin Low at www.forexlive.com.
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