by George Dorgan
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While we blamed FX traders, that were waiting months for some good European news or at least for some positive statements by ECB officials to push down the CHF, Pictet finds some more explanations.
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com 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.
Tags: franc,Pictet
