Pretty wild price action there is. It looks like January highs/closes have formed some strong support levels.

EUR/CHF

The short answer is "No."

What does this trade statement mean to you?

CHF fundamentals don't look good either. Last week it was bad CPI, this week it was poor retail sales. With PPI coming out tomorrow, it can still be another negative surprise.

EUR/CHF

I don't care for the "country's world numbering" at all. As I said, carry trade has its own appeal, which I partially relate to, but it has nothing to do with SNB or EURCHF and is kind of offtopic here.

EUR/CHF

That's a good carry trade idea, but the problem is that the SNB is capping CHF against EUR, not MXN or ZAR.

EUR/CHF

The Foreign Exchange Matrix by Barbara Rockefeller and Vicki Schmelzer does great job laying out the basics of the modern FX market FA.

Looking for book recommendations on Fundamental Analysis

Perhaps he just wanted to continue earning from swaps on his positions and now it became more difficult?

EUR/CHF

That's probably because MBTrading is ECN

EUR/CHF

EXNESS currently offers 1.874 pips on long EUR/CHF positions. It still didn't change since the eurozone rate cut.

EUR/CHF

Now that the Euro rate is down from 0.75% to 0.50%, I wonder if any broker at all will continue with positive EUR/CHF swaps. If my broker stops offering interest rate payments on my longs, I will definitely close them.

EUR/CHF

Sorry if I wasn't clear enough. By "risk off" mode I mean that traders disregard risk in their trading decisions.

Why is EUR/USD rallying today on good US economic data?

There is such thing as "risk on" and "risk off" modes in Forex. During "risk off" traders usually sell USD, JPY and CHF, and buy EUR, AUD, NZD, CAD, etc. Good news from all countries, including USA, help to switch the "risk off" mode.

Why is EUR/USD rallying today on good US economic data?

Where did you get all those numbers? Are you sure that 20% of SNB's balance sheet was backed by gold reserves in 2004?

EUR/CHF

The article you link to provides the source for those charts - esignal.com. You buy their platform and have those open interest charts for yourself.

Open Interest Data Question

EXNESS still does. I am sure there are other brokers who do. You can easily check if the swap is positive in MetaTrader via Symbols window and clicking Properties on the EURCHF pair.

EUR/CHF

Yes, I believe it will hold because, in case of referendum approval, SNB will choose to increase reserves buying gold with CHF, weakening it further.

EUR/CHF

That's right, they boost growth to fight deflation. And, as you have said, higher GDP creates inflation - i.e. eliminates deflation. That's what they are trying to do.

How does boosting Japan's growth fight deflation?

The article implies that SNB will buy gold with its EUR (or other currency) reserves, which would create extra supply of EUR, weakening it vs. CHF.

EUR/CHF

Set stop-loss and trade using pending orders?

Breaking news is interfering with my trading