Talk SNB finding a new home for some of its reserves @ Forex Factory

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Talk SNB finding a new home for some of its reserves

The SNB has been a very steady seller of EUR/USD into strength in recent session. Are they then just sitting on the dollars they buy in the process? Not all of them, traders say. The new home for a portion of Switzerland’s reserves? Canada, the new global reserve darling. Let’s hope they have more luck in CAD/CHF than they did in EUR/CHF… Full Story

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redbarron

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Submitted Jul 28, 2010 9:58am

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