not if we understand a bit more about the importance of the banking service industry in Swizertland, this is one of the main reason why SNB is reluctant to go further untill now.

EUR/CHF

here we go: "SNB intervention last week rose 17.9bn (weekly average), the largest single increase in this latest round of intervention."

EUR/CHF

Iam 90% sure SNB's next move will be a "surprise" move inorder to get the best effect, if it is a "surprise", then who knows when, just relax and let the surprise come to us. Almost everything is developing in favor of longs, we should be watching ...

EUR/CHF

Probably not, if there is an upward move next time, it should be bigger ones, no more small moves. The only problem is, who knows how long we have to wait. Longs closing, shorts piling, SNB dumping. Lets just set back and relax for a few weeks.

EUR/CHF

good bye longs....salute to those long warriors who left us....die in peace Jordan,SNB you are winning....or are you just pretending to everyone you are winning? Last year,SNB was forced to act after it printed 200+ billions, now we are in mid June, ...

EUR/CHF

Maybe it is dead, but only from the look of outside....it is a pressure cooker with tremendous pressure built inside, and it could explode either way.....

EUR/CHF

Unofficial polls suggesting Syriza leading over ND - anyone thinks this will trigger SNB action?

EUR/CHF

Great video: url This is why if Germany dosent act within the next few months, the EURCHF peg will break

EUR/CHF

very good paper url

EUR/CHF

fxcm, no dealing desk

EUR/CHF

interesting paper: url If what this paper is saying is correct, SNB may not act in the near term. But I think this paper is missing a major component.....

EUR/CHF

I felt SNB's strategy to keep the level very close to the floor for such a longe period of time is because they want to drive "both" the longs and shorts away. They want to tell us: go away, leave me alone, nothing is gonna happen......But the only ...

EUR/CHF

brinks, whats your opinion on the longs closing their position in recent days?How do you think its gonna affect SNB's thinking and strategy?

EUR/CHF

so... in the short term, Say within the next month or two, the "only hope" for us longs is for the situation to get worse and SNB act, In the medium term, of course we know its for the EU to solve its problems, but it may take years. no one is gonna ...

EUR/CHF

yap, agree, we not just need Greek leave, but also for EU to form a strong political and fiscal union to solve Spain and Italy's problem. Who knows how long it will take.

EUR/CHF

not sure, but i think the majority in unlevered money so they can convert its EUR to other currencies

EUR/CHF

0955 GMT [Dow Jones] BAK Basel Economics expects the SNB's EUR/CHF floor to hold in a Greek exit scenario, as long as a collapse of the international financial markets can be avoided. The Swiss research institute says CHF could even weaken against ...

EUR/CHF

because this is a giant whale, and no one trust SNB anymore, so everyone is selling just few minutes before the rate decision

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Just had a good drop of the number of long positions on my broker's platform, how about you guys?

EUR/CHF

looks like the market is pricing in no matter who wins the Greek election, they wont leave. is it good or bad for our longs???

EUR/CHF