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- brinks replied Jul 12, 2012
Haha yes it isn't looking to good but I cannot see how the euro could be allowed to fail. The cost would be massive to the world economy
EUR/CHF
- brinks replied Jul 12, 2012
Some forecasters still saying eur/chf rate at 1.22 by the end of 2012 and 1.30 by the end of 2013.
EUR/CHF
- brinks replied Jul 12, 2012
I'm waiting for a 30 pip spike then I'm out. I have a bit of margin tied up but still trade other pairs.
EUR/CHF
- brinks replied Jul 11, 2012
You reckon they will definately raise the floor then? I can't see it myself.
EUR/CHF
- brinks replied Jul 11, 2012
How many people are waiting for a 30-70 pip spike on this pair so they can get the hell out of it? I'am for one
EUR/CHF
- brinks replied Jul 11, 2012
Can they not just impose negative rates on inflows and foreign accounts so it doesn't affect the domestic Swiss ?
EUR/CHF
- brinks replied Jul 10, 2012
As I have said before I think Jordan is to safe and conservative to act quickly
EUR/CHF
- brinks replied Jul 9, 2012
UBS says EUR/CHF peg not going away Written by Adam Button July 9, 2012 at 14:54 GMT A UBS FX managing director makes the case for why the SNB will keep its grip on the franc in the FT. In May its foreign currency reserves jumped by SFr66bn alone. ...
EUR/CHF
- brinks replied Jul 8, 2012
I agree the EU problems are not going away. But looks like the Swiss are ruling everything out apart from spending billions to hold the floor
EUR/CHF
- brinks replied Jul 7, 2012
Jordan is to safe and to conservative. Backed the wrong horse with these trades.
EUR/CHF
- brinks replied Jul 7, 2012
Capital controls are a last resort. Negative rates the next step and why wait to see how Denmark get on they already said that Sweden have used 0.5 negative rate and didn't have any adverse affect.
EUR/CHF
- brinks replied Jul 3, 2012
Is anything going to make this pair rally? If CPI comes in better than expected at the end of the week and the ECB cuts rates that's gonna put pressure on again.
EUR/CHF
- brinks replied Jul 2, 2012
Whats interesting is the little move up is not being sold off as fast as before
EUR/CHF
- brinks replied Jul 2, 2012
SNB’s Jordan: Negative rates not excluded in crisis Written by Jamie Coleman July 2, 2012 at 14:12 GMT Doesn’t expect euro area to collapse Doesn’t expect Greek exit from euro They are now starting to talk a bit
EUR/CHF
- brinks replied Jul 2, 2012
All data better than expected today back into the range for another few weeks. Who is selling at these levels and why? The SNB have shown there commitment to the floor and held it in very testing conditions it cant all be inflows
EUR/CHF