SNB total sight deposits w.e. 11 April CHF 446.9 bn vs CHF 443.7 bn prior

• Domestic sight deposits CHF 438.4 bn vs CHF 433.4 bn prior

There’s a slight rise in the past week but nothing that stands out all too much. Once markets start to settle down a bit more, this will be an interesting data point to watch in order to gauge the SNB’s intervention appetite. Here’s the trend for the year:

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