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- brinks replied Aug 23, 2012
This is why the SNB are stuck,it's obvious that the floor is working but if they remove the floor now the eur/chf rate would tank and probably hit all time lows undoing all the work that has been done. So until the pressure is off the 1.20 level how ...
EUR/CHF
- brinks replied Aug 23, 2012
Anyone fancy giving a prediction on where price will be by the end of the year? I think it will be exactly were it is now. 1.20100 area.
EUR/CHF
- brinks replied Aug 23, 2012
Yes I'm afraid so
I don't see any reason for this pair to go up for a very long time the SNB sell into any strength and the euro problems are not going to be sorted out quickly.EUR/CHF
- brinks replied Aug 22, 2012
The SNB are going to have to do something to keep ahead of the FED and ECB printing machines
EUR/CHF
- brinks replied Aug 22, 2012
I cut half my positions today the rest will be closed at the end of september.I dont see a lot of hope for this pair.
EUR/CHF
- brinks replied Aug 21, 2012
I didnt think jordan was a euro sceptic? How about we may even start seeing the reverse of what used to happen before the SNB monetary meeting people start selling in case of removal of the floor. I know we have spoken about the low liquidity spikes ...
EUR/CHF
- brinks replied Aug 21, 2012
Thanks pipxster I will wait until mid end of september before i close my positions.
EUR/CHF
- brinks replied Aug 21, 2012
My patience is nearly done i'm afraid. The euro isnt exactly getting hammered and this thing cant move up
I wonder whoever it was said they think we will be at 1.25 - 1.30 by year end have they changed there mindEUR/CHF
- brinks replied Aug 21, 2012
I have a few spikes lower over the past week but only once below 1.20 Your chart looks pretty bad
EUR/CHF
- brinks replied Aug 20, 2012
Is The SNB Going To Unpeg The EUR/CHF? By Pete Jackson || August 20, 2012 at 11:00 GMT || 0 comments || Add comment I don’t think so, but then who knows the real answer on this one….. ‘Seeking Alpha’s take on the peg
EUR/CHF
- brinks replied Aug 20, 2012
I hope your right but i really cant see them doing anything other than sitting tight and defending the 1.20 floor.
EUR/CHF
- brinks replied Aug 20, 2012
If the pressure on the floor is easing why would the SNB bring in capital control or negative rates?
EUR/CHF
- brinks replied Aug 20, 2012
Was the market testing the SNB this morning i have a low of 1.20045
EUR/CHF
- brinks replied Aug 18, 2012
So your buying eur/chf looking for 1.25 but expect the floor of 1.20 to break mid September time?
EUR/CHF
- brinks replied Aug 17, 2012
I agree completely and i have been doing the same but i had been expecting a slow move up once the SNB proved they were up to the job of protecting the 1.20 level. Sort of what cant go down must go up
EUR/CHF
- brinks replied Aug 17, 2012
Yes a higher floor would be good. Any good news we have had so far has not had any impact on this pair at all as you say volatility has gone from this pair
EUR/CHF
- brinks replied Aug 17, 2012
Thanks aleneth, I'm not sure either i will wait and see what happens at the beginnng of september with the german vote and wait to see if spain asks for a full bailout. I dont see there being much movement up before the SNB monetary meeting
EUR/CHF