.... 2 days after that, the next SNB Monetary Policy meeting. Looking for a huge spike there, if ESM is approved.

EUR/CHF

3 working days. Faster if SNB unloads their EURs. But it will be suicidal to the Swiss economy.

EUR/CHF

Since Feb this year. Chose HF due to it's good eurchf swap previously. Now still +ve. Withdrawals are easy & customer service is good. Spread is variable but around 2pips. So far so good with HF. But to be safe, I keep my eurchf game with a few ...

EUR/CHF

Exness has the worst spikes ever ! Forget the good +ve swap. When the spikes go down to 1.1975 or so, I lost all my money. When I asked them, they say they do STP thru the banks etc etc. But excuses only. I put in money again the second time, but ...

EUR/CHF

Yes, Jordan is playing safe..... His printing press is well oiled-up to run 24hrs. Come on Jordan, think of the environment, stop wasting paper, stop cutting down more trees, don't print so much CHFs. Just go & cut your rates to negative. We can't ...

EUR/CHF

SNB can try a formula applying only -ve rates to foreigners (non-Swiss) funds coming in. This is the same as a tax imposed for funds inflow. Rate, say try -0.25% first, then -0.5%, but not more than -1%. But this may take a long time to work, say ...

EUR/CHF

I think 5 months is a long wait. Come 15 Sep, the next monetary policy meeting, something will crop up. It will be exactly 1 year of the 1.20 peg. Zero interest rates in CH has helped housing growth a lot. Cannot imagine what negative rates will do. ...

EUR/CHF

Yes, forgot about Sweden... Jordan, act quickly! Your foreign reserves in your pressure cooker is going to explode.

EUR/CHF

SNB's still printing 'unlimited' CHFs to buy EUR... I think they will only use negative rates as a last resort & this is not likely to happen anytime soon. Jordan will wait & see what will happen to Denmark first. They have 2mths to do that. I think ...

EUR/CHF

Good economic news means nothing new to Switzerland now. SNB is used to it & the eurchf pair do not react with economic news anymore. Only unexpected CPI data & SNB rumors & intervention will strongly move this pair. SNB is most concern on price ...

EUR/CHF

If ECB cuts 25bps, hopefully SNB will follow suit. Make a small little -ve, -0.25%. Nett, no change in swap. But we know well our brokers will take the opportunity to greatly reduce, zero or make -ve also long swap. It is now very very hard to do ...

EUR/CHF

I'm very afraid of this. It won't budge the pair I think, but it will affect my carry trade strategy. There are still a few good brokers around with +ve swap on long, but this will greatly reduce the swap, or even worse, they take the opportunity to ...

EUR/CHF

You are right. Getting slower down now, but it will definately go down again slightly below 1.2010 this week. I'm setting my buy limit levels from 1.2012 down to 1.2009. Going to hook one soon... Next game is Friday's CPI.

EUR/CHF

No other interpretation. SNB is not beating around the bush, they are straight to the point. I don't see any other more straight forward central bank. They mean what they say & they are good at giving early hints of their intention. The recent EU ...

EUR/CHF

Over the weekend if there are reversal sentiments, we could see Monday's open into 1.2030s again (we really hope) This can be caused by moving of funds out of safe havens back into EU banks, due to EU summit establishment of European Stability ...

EUR/CHF

Don't you think it's a good opportunity to reload once again. To those who have closed or TP @ 1.2020-30 levels, we can reinvest our profits! I think it will still go a bit more lower - wait for closing time a few hours to come... TGI Friday!

EUR/CHF

This EU summit created much more movement that SNB's pre Monetary Policy speculators. Hoping for a drop back to below 1.2015 where I can reload. What do you think this Friday's close will be? I think there will be many speculators exiting ...

EUR/CHF

Found the reason : url EU summit, - leaders agreed to move towards stabilizing the bonds market.

EUR/CHF

1.2030 !!!- Does anybody know what is happening now???

EUR/CHF

Already dead - Stops @ 1.2025... Luckily small amount - I still have many long positions.... The shorts are for 'hedging'.

EUR/CHF