The SNB Needs To Move Again Now
From efxnews.com
Read Full Story at efxnews.com The Swiss National Bank should strike while the iron is hot. The central bank has already achieved the nearly unthinkable with its surprise plan to lift the euro up to 1.20 against the franc. Now, it should build on its success, take advantage of current market conditions and please its political masters by pushing the single currency even higher while it can. Calls for the bank to move again have been legion. Politicians and advisors have been calling for the euro to be raised to between CHF1.30 and CHF1.40 and earlier this week the Swiss Federation of Trade Unions claimed that "at least a rate of ... (full story)
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Oct 20, 2011 2:38pm (49 min ago) Quote #1
Guest
IP XX.XXX.199.199
Market is buying CHF.JPY and CHF.USD since this morning, weird.
Wouldn't be surprised if CHF is being bought as a proxy currency, to later being sold against commodity dollars...
Oct 20, 2011 2:53pm (33 min ago) Quote #2
hkg_paul
1 Voucher
Member Since
May 2011
they probably will do that, but will wait until the sumit and G 20
da li ne ko razume zasto sad svajcarac jaca - za 8 sati isto ojacao koliko je slabio 2 nedelje!!!