Saxo Bank set to issue a notification to all clients this evening that it will increase margin on CHF to 8% due to the spot market leaving the 1.2150-1.2250 range where it has been for most of 2014 Saxo Bank will this evening announce to its clients the result of a decision made by its Board of Management that the margin on Swiss Franc (CHF) will be raised to 8%. Explaining the reasoning behind this move to LeapRate today, the company stated that there has been increased pressure on the 1.2000-1.2050 EUR/CHF peg with the spot market leaving the 1.2150-1.2250 range where it has been for most of 2014, and making a low ... (full story)