DislikedAnd there i was thinking that intervention would hold! Or they would do it again like they said... CRAP!!! that high was real nice time to buy huh? Ah well, you can only do what makes sense at the time...Ignored
the spike on wednesday was due to the fact that SNB cut LIBOR rates and, most important, announced they are about to put more liquidity in the market.
chf is still strong, but it SEEMS to be not far from a top, after all fundamentals should come out eventually, with EUR interest rate differential to be supportive on more dips