Does the fact that the Swiss central bank set a bottom at 1.2 in EUR/CHF really prevent any future declines in this pair?
EUR interest rate and its influence 5 replies
General Motor's Influence 2 replies
Bonds and how they influence Forex. 5 replies
Bonds and how they influence Forex. 0 replies
Crosses and there influence... 2 replies
QuoteDislikedSNB President Philipp Hildebrand has pledged to defend the franc ceiling of 1.20 versus the euro with the “utmost determination” by purchasing “unlimited quantities” of currencies if needed. Alexander Koch, an economist at UniCredit SpA (UCG) in Munich, said any worsening of the euro-region’s debt crisis would force policy makers into “massive purchases.”