Tag Archive: PMI

SNB: Lift EUR/CHF floor or not ?

2011-12-14

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2011-12-14

chf vs. gold in 2011
Many participants in the FX markets seem to be sure that the SNB will lift the EUR/CHF flow to 1.25 Here the pros and the cons:

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EUR/CHF: One Year of Free Market (07/2010-07/2011): June 2011

2011-06-30

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2011-06-30

6-14 eurchf
Specs Scrambling For Cover In EUR/CHF The Armageddon trade is being taken off in dramatic size in thin-month-end markets, driving EUR/CHF above 1.2200. USD/CHF is nearing resistance at 0.8440. Traders not talk of significant interest from real money accounts to buy both USD/CHF and USD/JPY at the fixing at 15:00 GMT. The danger now is … Continue reading »

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EUR/CHF A history of interventions: November 2009

2009-11-30

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2009-11-30

November 2009 Asian FX Market Open: Price Action Suggests That There’s More To Come As I wrote yesterday, the market moves reminded me of 12 months ago when risk aversion was in full flow and this has continued throughout the European session. As Lilac mentioned after the FTSE fell by over 3%, we could be … Continue reading »

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