Swiss Franc drops as much as 0.9% to 1.0096 per US dollar

what news behind?

I wonder what has caused this. Anyone with any info?

But why? Both Swiss Franc as well as US Dollar are sleeping currencies currently. And the pure lack of liquidity right now as explanation is not convincing, as the rest of the market did not show any typ of reaction. So it is a unusual reaction of CHF alone.

Interesting.

They want to force it until they touch near 1.0630 then to become strong to 0.9830 - 0.9050 - 0.8500...Also this move to force CHF/JPY to go down again near 106.50...

and now the crazy move fully(!) retraced - ridiculous!

Technical glitch?

i hate to state the obvious- manipulation lol

Market Makers hitting stops to get good price to buy the Francs. CADCHF and NZDCHF are good examples of broken rising channels on the daily chart, that happened last week, so they're buying more. Traders dont only need news to buy, they also take advantage of low liquidity

guess mostly ts save heaven currnices plus it conected to Gold and Somtimes it got FAT finger that makes such huge hiking

It is well known, that SNB is artificially depreciating their currency. But definetely not now (it is Sunday evening in central europe!)

Low liquidity, market open and no one to take the order. Another flash.

What really happened? The good thing I was long USDCHF! It has recovered

stops clean out .. i guess .

https://www.forexfactory.com/news.php?do=news&id=881490

And yet again on a Japanese bank holiday. Just like the January flash crash! Looks like I'm gonna dread Japanese holidays for the rest of the f***ing year.

Not a secret that they have their boys to do it, they announced it when peg still existed that they always monitor the market. Recently, they said will take all measures necessary..keep monitoring..

that's not the kind of volatility you look for, isn't it

moved back to the dead market level before the spike, thats 100% stop hunting by banks. right in the face of all retail traders, no shyness about it.

94 pips up, exactly 94pips down, amazing

10B leaving Swiss, made to look as a technical glitch

Jap Bot's...

Is MR.Market on high?

I wonder how many traders got caught by STOP LOSS in trading CHF. Typical Forex manipulation movement to create huge Liquidity for BIG BOYS