The Swiss Franc strengthened across the board this morning at 7:30AM EST gaining 100 pips in a span of 30 minutes.  The move occurred following comments made by the Swiss Economic minister Schneider-Ammann who stated the following:

                He urges the country's elite to learn to live with the strong CHF, in an apparent sign that the Swiss government is unlike to step up measures to assist the country's companies in their struggle with the strong currency...

Here's a chart of USD/CHF:

width=630