-
Is CHF Intervention Around The Corner?
On July 11th, the Swiss franc vaulted to a 1.1672 exchange rate against the European euro – a new all time record. Although incredible, the trend is against the current anti-European sentiment on fears of a potential EU bankruptcy and break up. So then, what’s behind this latest streak for Switzerland’s currency? Well, it’s not fundamentals. Yes, the Swiss economy is growing. Like other leading economies Germany and France, Switzerland’s prospects for the country have been pretty good since the beginning of the year. Manufacturing remained a strong and supportive sector for the overall economy, while ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 12, 2011 11:14am Jul 12, 2011 11:14am
- Dr. forex
- | Joined May 2011 | Status: Member | 697 Comments
- Comment #2
- Quote
- Jul 12, 2011 2:24pm Jul 12, 2011 2:24pm
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #3
- Quote
- Jul 12, 2011 2:46pm Jul 12, 2011 2:46pm
- BackTestDummy
- | Joined Jan 2007 | Status: Member | 85 Comments
I've got my pips - go get yours!
- Comment #4
- Quote
- Jul 12, 2011 4:29pm Jul 12, 2011 4:29pm
- fxalliance
- | Commercial Member | Joined Jun 2011 | 2 Comments
- Comment #5
- Quote
- Jul 12, 2011 7:55pm Jul 12, 2011 7:55pm
- Groovy
- | Joined Nov 2007 | Status: Member | 19 Comments
- Comment #6
- Quote
- Jul 12, 2011 8:03pm Jul 12, 2011 8:03pm
- raczekfx
- | Commercial Member | Joined Oct 2005 | 26 Comments