It will be interesting either way better or worse the pair won't move

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Are you expecting CPI to come in better or worse?

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Hahaha yeah maybe. Everybody knows the floor wont be raised so maybe no spike. But there is always the chance they may do something else.

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I think it will spike up before next weeks monetary meeting. Although i dont think anyone is expecting the floor to be raised there is nothing to say they wont bring in negative rates or some other measure

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swiss franc is getting stronger across the board today

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We all know the SNB have been spending billions which is why if they want to hold the floor they need to bring in the other measures they have been talking about. Jordan was talking recently about the time they bought the floor in it was the only ...

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they have got huge bids down at 1.20. It was on forex live but i cant find the post it was about 41 billion but on with a bank so as to not look like the SNB i think

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were price is at the moment just proves that the SNB will need to do more if they want the franc to weaken against the euro I will admit that it makes me nervous that they just sit on the bid at and around 1.20 rather than try to push price away a ...

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yes i was thinking the same and as you said they started the verbal war about negative rates so possible they could do it but the threat will cause a spike up before even if they dont do it

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I still think there will be a spike up before the monetary meeting

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I think you will get more chances retail sales and pmi worse than expected

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It's Danthines speech. you could google translate it but it was just going over what he said about using negative rates and it has worked for Sweden

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any gossip today tomplank?

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They may have to do something before then.

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yes time will tell

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I dont know a lot about swiss government etc so are negative rates something the SNB can bring in instantly or does it need to be passed through government?

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I think they have got something planned

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and spent billions doing it

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A little bit of movement for a change

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Retail sales will probably come in better than expected

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