I really dont know,all of the central bank chiefs are talking there own currencies down except for the SNB. Its obvious the swiss economy can stand a rate of 1.20. swissie getting stronger today. As i have said many times before the euro is not ...

EUR/CHF

Hi Holmes I dont think jordan is helping himself with the comments he made the other day. He is inviting people to short the eur/chf and i dont understand why he does it as it isnt the first time.

EUR/CHF

Maybe your right I think it was on Swiss tv that he said that. But I just can't see them removing the floor yet still to much uncertainty.

EUR/CHF

I have. I cut them yesterday for a small loss.

EUR/CHF

Thanks all. The problem i have is i dont see any sustained move up. Waiting for a 30 pip spike is not what i'm looking for. It will probably go and move up now i have said that

EUR/CHF

Yep I understand the exceptional and temporary.(how long is temporary? Months-years?) it has already been a year. But I don't see why they would remove the floor after all the hard work only to watch the euro hit parity and below. Then maybe have to ...

EUR/CHF

So your not accounting for any improvement in the euro? The SNB are targeting price stability if they the remove the floor don't you think the pair would plummet? And if the amount they are having to intervene has slowed which it has why would they ...

EUR/CHF

Although I'm out of this pair now I'm still checking it and have had another nasty spike down on my alpari uk account today more or less exactly the same as yesterday. Below 1.20

EUR/CHF

I did read something yesterday saying the SNB had nearly finished diversifying there euro holdings. That coupled with slowing inflows could mean a bit of upside to come.

EUR/CHF

I'm sure the brokers will say low liquidity is the problem. Maybe it is.

EUR/CHF

It isn't just ibfx both alpari uk and pepperstone have had spikes below 1.20 this week. Maybe they are getting worried that the pair may go up. But they are definately stop hunting.

EUR/CHF

yes and it is happening a lot more over the last couple of weeks as well

EUR/CHF

No it wasn't my pepperstone account

EUR/CHF

Thats me finished with this pair all my positions closed and glad to be away from the mind numbing four pip moves. thanks to everyone and good luck

EUR/CHF

Another nasty spike down on one of my accounts every other euro pair going up except this one

EUR/CHF

Apparently bloomberg reporting that Draghi isnt going either or any ECB members

EUR/CHF

Yes I reckon so I don't see much bounce up before the monetary meeting as they have ruled out a floor rise and other measures.and are happy to defend the 1.20 level.

EUR/CHF

[QUOTE=Scooby;5961879]I wasn't suggesting raising or removing the floor. Just that all the other central bankers will be there and that they usually are, too. Gotta mean something. Can't help but wonder what.[/QUOT Yep I know what you mean maybe ...

EUR/CHF

Thanks didi I don't pretend to know to much just wanted to get a sellers thoughts. From my point of view it seems more dangerous to be short than long.

EUR/CHF

Weird probably yes but it doesn't mean they are going to remove the floor

EUR/CHF