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Is the SNB front running the ECB again?
Swiss pairs leap after Eurozone data. It's an easy finger to point but when moves stick out like a sore thumb you can but wonder. EURCHF has shot up to 1.0920 from around 1.0860, and USDCHF to 1.0317 from 1.0250 odd. GBPCHF is also up around 70 pips. This is all happening as cable and EURUSD tumble, which would usually be a drag on those crosses, unless someone was targeting a one half of the currency within them ;-)
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- Nov 27, 2015 6:09am Nov 27, 2015 6:09am
- giveachance
- Joined Jun 2013 | Status: Trader by hobby not by profession | 198 Comments
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- Nov 27, 2015 7:40am Nov 27, 2015 7:40am
- kuncung
- | Joined Aug 2012 | Status: Member | 456 Comments
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- Nov 27, 2015 9:10am Nov 27, 2015 9:10am
- Jenx
- Joined Dec 2013 | Status: Member | 15 Comments
Where price is now, it has been before, and will be again.