“No comment” from SNB | Forex Factory

  • “No comment” from SNB

    From forexlive.com

    The usual refrain from the Swiss but we’re back over 1.23 again. To me, it doesn’t look like the SNB is at work here. More likely some jittery money fleeing the eurozone or some other flows.

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sidhujag
Nov 25, 2011 5:09pm
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Go big on Monday or go home!
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iwjw
Nov 25, 2011 9:49am
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Isn't Citi long eurchf because they are betting on the lift of the floor?
Maybe they started the initial push and the rest is a simple short squeeze
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golf_trader
Nov 25, 2011 8:52am
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If this was intervention we would be at 1.30 by now, unless it is just gentle stealth the same as the BoJ have been using for the last couple of weeks to keep the UJ afloat
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gogax5
Nov 25, 2011 8:48am
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agree in such situation intervertion is foolish
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clockwork71
Nov 25, 2011 9:08am
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There never is a comment from the SNB. This is why the "floor" of 1.20 was so effective.....
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Yao
Nov 25, 2011 9:10am
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The dog that doesn't bark.
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Trader#8777
Nov 25, 2011 8:56am
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It seem strange to me if SNB intervention at this moment.
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