- Search Crypto Craft
- tim10167 replied Jun 12, 2012
Good tactic, I am thinking by the end of this month too as the recent Spanish banking bailout "again" was a failure, German still dosent want to provide a real contribution, If SNB still cant come up with an effective solution these few weeks and ...
EUR/CHF
- tim10167 replied Jun 12, 2012
If SNB do nothing this week, how much longer will you hold your long position?
EUR/CHF
- tim10167 replied Jun 12, 2012
do you think SNB makes us all waiting like this is because SNB is cooking something???, Setting up a trap for all the hedge funds who are against them to jump in? Afterall SNB is the one who should be most worried, minutes by minutes....
EUR/CHF
- tim10167 replied Jun 12, 2012
Yes I am expecting the measures too, but I dont see SNB announce them on Thursday, as no "surprise" effect at all. Hopfully "today"
. This Friday or next week might be a suitable time too as everthing cools down after the rate decision and ...EUR/CHF
- tim10167 replied Jun 12, 2012
If more and more people think SNB wont raise the cap, where do you think the "pop" is going to come from on the rate decision this week?maby nowhere...
EUR/CHF
- tim10167 replied Jun 12, 2012
Swiss government raises 2012 growth forecast to 1.4% from 0.8%.Robust domestic demand was helping to offset ill effects of the strong franc
EUR/CHF
- tim10167 replied Jun 9, 2012
can anyone translate this please?: url someone is saying SNB is going to lift the peg to $1.22 ?????
EUR/CHF
- tim10167 replied Jun 9, 2012
WOW!!!, yes!!! what your saying is truly one of the quality way to maintain the floor!!!SNB's strategy for the past two months was a joke, now look at how they suffer...
EUR/CHF
- tim10167 replied Jun 8, 2012
They did not spent much during the setting up 1.20 peg process, and after that they even had a a few months of honymoon time able to offload some EUR all because the market thought 1.20 was only the first stage, SNB will rise the cap to 1.25 or 1.30 ...
EUR/CHF
- tim10167 replied Jun 8, 2012
Agree, it is very hard, the other problem is even though the Swiss exporters are starting to suffer now, but it is not severe enough, the unemployment rate still hasnt go up even in May. They are still "holding" on to it even just "barely". So, iam ...
EUR/CHF
- tim10167 replied Jun 8, 2012
I agree, but the problem is though the y/y CPI is mostly negative, but the average m/m CPI reading from the start of this year was positive, therefore the negative CPI Y/Y should stabilize after mid year. Thats why SNB vice chairman Jean-Pierre ...
EUR/CHF
- tim10167 replied Jun 8, 2012
The losses may also occur when after SNB buys EUR/CHF and diversify its EUR into other currencies such as GBP, JPY, CAD....as they want to reduce holding too much EUR
EUR/CHF
- tim10167 replied Jun 8, 2012
I agree that letting speculators make a profit and make us on SNB's side is a smart way to maintain a floor. But on the other hand, the Swiss right wing politicians are also blaming SNB's losses, the nature of SNB is also a bit different to other ...
EUR/CHF
- tim10167 replied Jun 8, 2012
Just a feelig, there are also some advantages for SNB to act after the rate decision and Greek election. 1. Fewer longs and more short with EUR/CHF, easier to weaken CHF. 2. Better "surprise" effect. I just cant see SNB wants to do something when ...
EUR/CHF
- tim10167 replied Jun 7, 2012
In the near term, next weeks inflow into CHF should be one of the greatest as it is the Greek election week. There are pros and cons if SNB act before or after the election. Anyone wants to do a bit of brainstrom on this issue?
EUR/CHF
- tim10167 replied Jun 6, 2012
EU and G7 politicians came out with "NOTHING" to solve the EU crisis problem today,guess SNB's last hope before the Greek election fades....The picture and the story becomes more and more clear: German doesn't want to sacrifice | Continued crisis | ...
EUR/CHF
- tim10167 replied Jun 5, 2012
I like the current situation where: everything is quiet from SNB, market is starting to be afraid the floor might break(drives out a lot of longs), and hedge funds are attacking aggrisively.....this normally means something might happen.....
EUR/CHF