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On Swiss National Bank
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SNB Sight Deposits: increased by 0.2 billion francs compared to the previous week
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USD/CHF posts modest gains to near 0.9000 in thin holiday trading
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Forex Today: Markets quiet down as Christmas approaches
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Gold finds some support at $2,660, with upside attempts limited
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USD/CHF aims to revisit 0.8950 as SNB to cut rates further
Main SNB Background Info
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2 comments
Jeremy Roach
2017-02-06 at 19:35 (UTC 2) Link to this comment
Hey George.
I’ve been enjoying your posts for some time now. What do you think of your recent post and the suggestion of the move to 1.10 on the eurchf within 12months.
Things were starting to look better until today’s session. Where do you think it’s going in the short term?
Thanks
George Dorgan
2017-02-08 at 17:23 (UTC 2) Link to this comment
Quick Answer (before I write a post): If you have see the latest Swiss Consumer Sentiment then the Swiss boom phase will finally come. Therefore we go to EUR/CHF 1.00. I anticipated the boom already at the CFA Society, but the boom was postponed by the end of the euro peg.