SNB total sight deposits w.e. 12 July CHF 458.9 bn vs CHF 453.4 bn prior

• Domestic sight deposits CHF 450.3 bn vs CHF 444.4 bn prior

After weeks of decline, Swiss sight deposits look to be stabilising a bit. That might indicate the SNB is staying more on the sidelines in the last two to three weeks. Here’s the trend:

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