"Pimco Sees German Bonds Losing Safe Haven Status" Getting harder for SNB to diversify its EUROS......

EUR/CHF

I think all these stories about SNB urges Swiss banks to increase its capital base has another story behind the scene. SNB "always" and "only" says the request is because the economy is heading south, but I also see SNB is afraid of inflation in the ...

EUR/CHF

market is pricing in a rate cut, but the EU inflation data came out late last week was a bit high, so, now, I think the chance is 60% cut, 40% hold....

EUR/CHF

so, Jordan still has no change in his tone....

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Yes, I misread

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With all these EU mess, I am a strong advocate of letting nations go bankrupt, taking the pain now will be better than taking the pain after a few years time with more debts. With all these austrity going, the overall EU debt is still growing. ...

EUR/CHF

Have to say that Germany accepts ESM injects directly into banks instead of going through Goverments which will propt up their debt/GDP ratio is really a big change. It still has various uncleared conditions so this is not the end game. But it is ...

EUR/CHF

Merkel lost the battle, Germany's debt/GDP ratio will increase and thus will affect its Bund yield to increase too, SNB has becomming one of the largest holder of German Bunds for the past two months. Wonder what will SNB do?

EUR/CHF

I know Napoleon uses FXCM, me too, good news. Just wonder how about other brokers? Anyone with other brokers got an increase in rolls as well? Its a very positive sign for us longs.

EUR/CHF

yah, scalping part reload, I kept a portion for longer terms just in cast anything happens.

EUR/CHF

From when the peg was first introduced last year till April when the floor was first tested, average SNB unloading price of EUR was around 1.207~1.208, and they have unloaded billions. So we would assume SNB was a seller of EUR/CHF maybe all the way ...

EUR/CHF

If SNB is behind this and purposely stopped selling EURO, then I think SNB knows the outflows and return to EUR will begin (if not already beginned) and welling to let EUR/CHF drift higher before unloading its EURO, and make a nice profit out of it.

EUR/CHF

Having said all these, Iam still very curious about the detail of the EU summit statement. It didnt show a lot of detail, and has some unfriendly words like "conditional".

EUR/CHF

And I think if the real money outflow really begins, it will attract more longs to join in the party and short stopped out. The EU summit result and the market reaction these few days are very crucial.

EUR/CHF

with the EU summit statement we saw today, I think its an important change that Germany and the northern countries are accepting "joint liability", but the funding in ESM/EFSF is currently not enough to convince the market. But I think it will have ...

EUR/CHF

The thing to focus in the very short term is to watch how strong the real money outflow away from CHF into EUR will be. This big can created by EU summit will only last for a short while unless they agreeed to inject enough funding into ESM. (which ...

EUR/CHF

"Some EU officials say mere threat of EFSF intervention in primary market could be enough – by setting floor on prices" This is another form of Eurobond, just saying in a more political acceptable language. EFSF intervention in primary market = ...

EUR/CHF

I can sense that SNB is watching this EU summit very very very closely. If it fails (which it will), the probability for SNB to act further will rise signafancantly...

EUR/CHF

could be one of the reason: url

EUR/CHF

"5%" of the Currensee community volume is trading the EURCHF ---Thats a decent drop from 7~8% few weeks ago, expect it to go lower in the near future. Real money will become more and more dominant in this pair

EUR/CHF