Rumour!! rumour!!

Author: Gerry Davies | Category: Central Banks

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 talk is out there. We’re at 1.1990 from session low 1.1954.  I think if the bank had been in we’d be appreciably higher than we are.

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