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- brinks replied Jun 20, 2012
I'm in heavier than usual but nowhere near that much! At the moment i think it has more of a chance of going up than breaking the peg. The SNB have done a very good job of keeping price above 1.20 and eventually the eurozones problems will begin to ...
EUR/CHF
- brinks replied Jun 19, 2012
eur/usd eur/jpy eur/gbp all up on the day I have got these trades on as long term but i'am seriously thinking about cutting them.
EUR/CHF
- brinks replied Jun 19, 2012
Ahhh ok thanks. I'm still not sure it means they are gonna put the same order in at a higher level
EUR/CHF
- brinks replied Jun 19, 2012
Didnt they just have a massive order in at that level because of the greece elections over the weekend. Now the risk event is over they can reduce the size of the order
EUR/CHF
- brinks replied Jun 19, 2012
why would you think that means they may set the peg up to a higher level?
EUR/CHF
- brinks replied Jun 19, 2012
I thought the spike up on the 24th was because of the negative interest rates discussion
EUR/CHF
- brinks replied Jun 19, 2012
SNB wont be happy with 1.20 if there economy starts slowing again
EUR/CHF
- brinks replied Jun 19, 2012
I would say a lot of people closed there positions after last weeks monetary meeting
EUR/CHF
- brinks replied Jun 19, 2012
I just had a look at the calender it is a fairly big data week for the chf I dont expect it to move the pair but will give a good view of the swiss economy
EUR/CHF
- brinks replied Jun 18, 2012
Thanks fxworld I definately won't be holding these trades for 5 years!
EUR/CHF
- brinks replied Jun 18, 2012
Yes i would think he is changing his mind on the franc will weaken in the medium term
EUR/CHF
- brinks replied Jun 18, 2012
Thanks yes just thinking that jordan said they expect the franc to weaken in the medium term. Obviously with the euro getting their act together
EUR/CHF
- brinks replied Jun 18, 2012
yeah i know i just like to hope it may go up. When a central bank works over the medium term what sort of time are we looking at? 6 months,1 year, 2 years, longer?
EUR/CHF