“News from Swiss authorities this morning regarding Credit Suisse is positive,” UK Finance Secretary Jeremy Hunt said in a statement on Thursday.
He went on to say that they are “monitoring the situation with Credit Suisse as well as the BoE (Bank of England).”
Swiss News Reaction on GBPUSD
GBPUSD has been trading at a flatline so far this Thursday, staying close to 1.2070 as of writing.