Swiss Franc is still overvalued says SNB's Jordan

Swiss Franc is still overvalued says SNB's Jordan

From forexlive.com

Following the SNB decision today now Mr Jordan is hitting the airwaves • Will have negative rates for the foreseeable future • Situation is still difficult for the Swiss economy • Fed rate hike would have impact on Switzerland

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Comment #1
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Sep 17, 2015 6:09am Sep 17, 2015 6:09am

chtys20
| Joined Jun 2009 | Status: Member | 34 Comments

Yeap, overvalued, so... they will have, sooner or later, another intervention... therefore the euro will surge... afterwards, the ECB will say that the euro is overvalued and will expand the QE so the euro will dive... Man... talking about currency wars... I guess that, in the future, there will no longer be world wars... they will be replaced by these new ways... fought from high rising buildings...

"I can calculate the movement of stars, but not the madness of people"

Comment #2
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Sep 17, 2015 6:46am Sep 17, 2015 6:46am

forexleopard
| Commercial Member | Joined May 2015 | 1 Comment

Easy, join the Euro.

Comment #3
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Sep 17, 2015 7:24am Sep 17, 2015 7:24am

Guest
| IP XX.XX.226.58

prepare for intervention

Story Stats

Posted: Sep 17, 2015 5:45am
Submitted by:
Newsstand

Category: Medium Impact Breaking News

Comments: 3 / Views: 2,128
Linked events:
CHF Libor Rate

CHF SNB Monetary Policy Assessment