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Why the floor will never be lifted to 1.25 ?

Or why the biggest opponents of the SNB are not Weltwoche and the SVP (Swiss People’s Party) but the Federal Reserve

Comment May 28th 2012:

Since some days later chairman Jordan confirmed our strong suspicion, this post on the floor hike to 1.25 will not be continued.

We have posted why the Fed is the biggest enemy of the SNB here.

George Dorgan
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers. George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
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