2011-06-21T17:04:43+0000

June 16th, 2011 10:42:02 GMT.

Rumour!! rumour!!

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Talk the Swiss National Bank has intervened buying EUR/CHF below 1.1965. My gut instinct is that this rumour is a load of old baloney!!!!  I typed something far stronger initially, but thought better of it Just soe’s you know the … Continue reading

2011-06-16T10:42:02+0000
2011-06-16T10:27:00+0000
2011-06-16T08:49:11+0000
2011-06-16T07:31:02+0000
2011-05-26T15:24:37+0000
2011-05-23T08:32:20+0000

May 23rd, 2011 07:45:48 GMT.

Rumour SNB active in EUR/CHF

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Take it for what you will, but there’s talk out there. Cross at 1.2368 from session low 1.2349.   Not much of a bounce so far, it has to be said.  Ummmmmm? I’d have thought it would have bounced more aggressively … Continue reading

2011-05-23T07:45:48+0000
2011-05-17T16:35:00+0000

May 10th, 2011 07:16:33 GMT.

Swiss April CPI +0.1% m/m, +0.3% y/y

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Demonstrably weaker than median forecasts of +0.5%, +0.6% respectively. Whoops, SNB won’t be overly happy.  Strong swissy is helping build deflationary pressures.  Increases likelihood of intervention to weaken swiss currency. EUR/CHF up at 1.2590 from around 1.2525 when I arrived. … Continue reading

2011-05-10T07:16:33+0000
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