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- brinks replied Jun 13, 2012
Larger greek banks have had combined daily deposit outflows of 500-800 million euros in the last few days. No wonder this thing cant get up off the floor
EUR/CHF
- brinks replied Jun 13, 2012
If any move at all. I cant believe the SNB havent used this meeting to talk the chf down. Producer import prices worse than expected but nobody really cares
EUR/CHF
- brinks replied Jun 13, 2012
It doesnt look like there is going to be any kind of bounce before tomorrows meeting
EUR/CHF
- brinks replied Jun 13, 2012
Very strange. The only thing for a move like that is they stand to lose to much money to the longs if the SNB do something tomorrow.
EUR/CHF
- brinks replied Jun 13, 2012
Still disabled! What is their explanation? Is it still MT4 problem?
EUR/CHF
- brinks replied Jun 12, 2012
Written by Jamie Coleman June 12, 2012 at 15:52 GMT Don’t criticize the 1.20 Swiss franc cap, FinMin Schneider-Amman says. That will invite evil speculators… The peg is absolutely essential to protect the Swiss economy, the minister says. ...
EUR/CHF
- brinks replied Jun 12, 2012
Hahahaha yeah i was just thinking the same thing. The SNB should of been more proactive in pushing price away from the floor
EUR/CHF
- brinks replied Jun 12, 2012
Everyone is now thinking the peg is going to break Or lowered by the SNB on thursday
EUR/CHF
- brinks replied Jun 12, 2012
forex live again but EUR/CHF is below 1.2010. DJ reports that Saxobank has doubled margins on certain trades ahead of the SNB meeting Thursday. Using my powers as a super-genius, I assume EUR/CHF must be one of the pairs with higher margin ...
EUR/CHF
- brinks replied Jun 12, 2012
The problem is last time the SNB had not said that they wouldnt be raising the floor but this time they have. they have mentioned capital controls and negative rates but will that be enough for shorts to cover?
EUR/CHF
- brinks replied Jun 12, 2012
The 1.20 floor is constantly under attack which is why the SNB have been spending billions in the last month holding price above it. so you could say the floor is always being tested
EUR/CHF
- brinks replied Jun 12, 2012
he is basically disagreeing with this lot Management of the Swiss industry association SGV is urging the Swiss central bank to give up the franc ceiling of 1.20 versus the euro, NZZ am Sonntag reported, citing the association’s internal paper from ...
EUR/CHF
- brinks replied Jun 12, 2012
I dont know having never experienced it but would expect a spike up on any announcement
EUR/CHF
- brinks replied Jun 12, 2012
I agree yes i did read this yesterday on forex live Comments from the Swiss government on the crisis response said they’re still evaluating options on how to deal with the European crisis. They said the cap is the most important tool to weaken the ...
EUR/CHF
- brinks replied Jun 12, 2012
I will cut half after the monetary meeting and keep the other half till the end of the month.
EUR/CHF