-
Greek euro exit threat challenges Swiss franc cap
Investors are increasing bets the Swiss National Bank will be unable to defend the franc's cap against the euro as the common currency comes under pressure on the prospect of Greece leaving the euro zone. The action is in the options market, where the one-month premium in favour of Swiss franc calls - bets the franc will rise against the euro - has risen to its highest since August 2011, a month before the SNB introduced a cap of 1.20 francs on the currency pair. The SNB imposed the cap in September 2011 after the safe-haven franc hit record highs last year and raised concerns about deflation and a sharp slowdown in ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 25, 2012 8:56am May 25, 2012 8:56am
- Rana Shahzad
- | Joined Apr 2012 | Status: Member | 72 Comments
- Comment #2
- Quote
- May 25, 2012 8:57am May 25, 2012 8:57am
- TraderUSA
- | Joined Aug 2011 | Status: Member | 809 Comments
- Comment #3
- Quote
- May 25, 2012 9:02am May 25, 2012 9:02am
- Trainman
- | Joined Mar 2012 | Status: Member | 263 Comments
Sure I have a trading plan. Buy low. Sell high. What's yours?
- Comment #4
- Quote
- May 25, 2012 9:08am May 25, 2012 9:08am
- krunfx
- Joined Jun 2009 | Status: Carry Trader that not want interest | 342 Comments
Bismillah
- Comment #5
- Quote
- May 25, 2012 9:18am May 25, 2012 9:18am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4757 Comments
Carbon-Dioxide: the gas of life!
- Comment #6
- Quote
- May 25, 2012 9:30am May 25, 2012 9:30am
- osceiv2
- | Joined Oct 2008 | Status: Member | 103 Comments
- Comment #7
- Quote
- May 25, 2012 9:33am May 25, 2012 9:33am
- Guest
- | IP XX.XX.60.108
- Comment #8
- Quote
- May 25, 2012 10:23am May 25, 2012 10:23am
- hss
- | Joined Apr 2012 | Status: Member | 206 Comments
- Comment #9
- Quote
- May 25, 2012 11:32am May 25, 2012 11:32am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4757 Comments
Carbon-Dioxide: the gas of life!