The Euro/Swiss Franc exchange rate trades dangerously close to the Swiss National Bank’s stated floor at the SFr 1.2000 mark, and forex trading speculators have taken notice. Our proprietary FXCM Speculative Sentiment Index data shows that the number of traders long the Euro/Swiss Franc outnumber those short by a massive 41 to 1. In other words—nearly 98% of traders in our sample are currently long the Euro against the Swiss Franc. This falls just short of the record set in February when the EURCHF fell to $1.2030, but the day’s not over and we could conceivably hit fresh peaks in our SSI. Euro/Swiss Franc Chart ... (full story)