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

Rumour!! rumour!!


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


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

Rumour SNB active in EUR/CHF


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


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

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


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


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