Maybe somebody wants a weekly close above 1.20300

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I was just going to ask the same question? Anyone know because i dont. 6 pips looks huge haha

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KOF tomorrow hopefully it comes in low

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Nope i think we can say they are very safe and predictable

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Haha you knew that he wasn't going to say anything out of the ordinary! SNB’S Danthine: Swiss had rough road since onset of crisis Written by Gerry Davies June 28, 2012 at 05:12 GMT Franc gains weren’t manageable for Swiss economy Franc appreciation ...

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I thought maybe SNB trying to break 1.20100 slowly to get a little rally going

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Yes i could see there was big volume,could it be the SNB changing tactics?

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Any reason for the big move today?

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Yep it looks that way depending what happens at this summit. That will put even more pressure on this pair you would think.

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Monti denies resignation threat Written by Jamie Coleman June 26, 2012 at 16:25 GMT Apparently there was a story earlier today in Il Giornale that Monti had threatened to resign if Merkel did not approve euro bonds. Now that Angie has called his ...

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UBS consumption came in quite weak i think

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Hi Tim, Yes I think so. as you know I cut half my positions after the monetary meeting,i'm getting a small positive swap on one of my accounts so will just leave them off on holiday next week so Won't need to think about the boring 4 pip range this ...

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Yes completely unsustainable for them.

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There is some pressure on today

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If it was me I would unload after it had moved higher to maximise profit but that's me. I don't understand what the SNB have been doing so wouldn't like to say what they will do

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Patience! Yes agreed if the euro start to sort there problems out it could relieve the pressure but I'm expecting the ECB to cut rates from 1% that will again not help

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They have basically ruled out capital controls so the only thing they have is negative rates, I scanned over the quarterly report yesterday and they still think the franc is going to weaken in the second half of this year.

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Haha no problems I will take a beer for you

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Looks to me like someone is trying to break the floor

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SNB’s Danthine: Franc cap is ‘extraordinary’ measure Written by Gerry Davies June 22, 2012 at 09:23 GMT Franc ceiling is ‘absolutely necessary’ Capital controls would be used in ‘extreme situation’ Cap could be maintained for ‘rather long-time’ Exit ...

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