If nothing happens during the press conference i'm cutting half my positions.

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Usual stuff from the statement unlimited quantities etc Mr Jordan is going to be in trouble i think

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My hopes of being able to get out at 1.20700 arent looking t good

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They dont want to be seen as currency manipulators

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they have got to do something they cant keep spending billions and if the greek vote goes badly over the weekend it will only get worse

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I think all we can do is hope jordan is verbally strong in the press conference afterwards

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The rate is 0 % the SNB are worried about the housing market over heating because of it. source: Goldman Sachs "On the monetary policy front, the Swiss National Bank (SNB) will meet on Thursday. We expect interest rates to remain on hold at 0%. At ...

EUR/CHF

The rate is already 0 % Maybe someone knows something we dont who would be selling into a interest rate decision when they could pull something out of the bag

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The market thinks that nothing will happen thats why price is where it is at the moment

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SNB are having there bluff called this time

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I'm lucky enough to pull the baby feeding nightshift so i always have a peek at whats going on during the asian session

EUR/CHF

By Jamie Coleman || June 13, 2012 at 13:56 GMT || 0 comments || Add comment Reuters headline: “SNB chief opposed franc/euro peg in 199 article”. In an academic article, he wrote a peg would” prompt more speculation and a concomitant rise in capital ...

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If they do nothing tommorow its a invite for a floor break.

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They may bring in capital controls but i think they will wait and see. problem is hildi isnt the boss anymore if he was i think things would be different

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1-No 2-No 3-No

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If they say that i would guess my positions will be closed for me

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They may surprise everyone by bringing in captal controls,negative rates and lift the floor to 1.40

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Looking at the pair today it seems like nobody is expecting the SNB to do anything.

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The SNB killed off any potential spike by saying the floor wont be raised

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No explanation bit strange

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