You can bet your life they are and likely not to have been as surprised as us about the interest rate cuts. It’s more than reasonable to think that the Draghster will have had a quiet word with SNB chief … Continue reading
I see in my absence that my retirement trade is getting a few other’s bums squeaking, so is it time to panic? The boys have been all over the swissy last week, Eamonn had a post on guaranteed stops, while Adam … Continue reading
I don’t post much on EUR/CHF … But, here’s one! As the headline to the post says it isn’t news though. Just getting a fair bit of chatter back about the Swiss National Bank around on the bid circa 1.2050. … Continue reading
Low trade at 1.2049 and then back to 1.2056. This is about to get very interesting. The late-2012 low was 1.2030. There have been rumors about SNB interest but nothing has come to fruition so far.
I’m back, tea n toast, in hand! Did ya miss me ? Nope, thought not. lol As I mentioned in my orderboard post the SNB No 2 is due to speak in Lugano with UBS CEO Ermotti at 10.30 GMT … Continue reading
19-month lows of 1.2071 just posted Let’s see if the SNB have any interest down here. Has been talk of bids at 1.2060 as we’ve reported here but unsubstantiated.
Yesterday Adam reported on rumours of EURCHF bids from the SNB at 1.2060 and while it’s reasonable to suggest this might be the case my enquiries to market contacts have yet to substantiate it although naturally enough the level has … Continue reading
For years we’ve heard US politician rail against Chinese currency manipulation yet the country that deliberately and openly manipulates its currency is given a tacit nod. In September we will be celebrating the third anniversary of the Swiss National Bank and a Bloomberg … Continue reading
Results of a survey of 23 economists released a little earlier shows that more than 75% of them say the SNB will keep the cap of 1.2000 vs EUR until at least 2016. Not even 10% say it will remove … Continue reading
Already? 1.2050 ? or even closer to 1.2000? Regular readers will know that I have long been a buyer of CHF in USDCHF and EURCHF rallies,well before the recent slide in both pairs, not for the least reason being the … Continue reading