yes the interbank trading.
chart below.
bottomed 1.20
lets see where will be price in 2 hours.
chart below.
bottomed 1.20
lets see where will be price in 2 hours.
Yesterday was the past
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DislikedOn my broker I have
low : 1.20689
Hign : 1.20716
Very strange quotes you have my friendsIgnored
Dislikedits the interbank trading. started 1hour ago.
mt4 brokers dont feed those prices.
xe.com is the only free way to read them.
or else you need an expensive broker.Ignored
Dislikedare u craz???????
i dont think so at this point ....if buy euro swiss i consider... if sell..im not favor at allIgnored
DislikedI don't think SNB will take any action, we may see E/C below 1.20 by the end of this month....Ignored
DislikedFXstreet.com (Barcelona) - On 6 September 2011, the Swiss monetary authority fixed the exchange rate at CHF1.20 per euro in an effort to prevent further deterioration in the economy fundamentals, stating that it will defend that floor with utmost determination.
Due to warnings by the SNB officials about an “overvalued” franc, and along with deflationary prints in the CPI, worsening data coming in from the trade balance and the KOF indicator posting weaker-than-expected results, the swissie has been depreciating against the single currency since...Ignored
DislikedI just read the same article, but the question I have is will the SNB allow for the exchange rate to stab the peg before it takes action or will it take action before this happens, personally I don´t think there will be intervention this week, and maybe even next week, hope I´m wrong in that one though, anybody has some thoughts on this?Ignored
Dislikedlol keep waiting guys i told u it will only happen when everyone is shortIgnored
DislikedIf the SNB waits until the market tests the peg, then it may have too many players to fight for an effective intervention.
If they raise it 1.3, that still gives the euro room to do whatever it wants against the usd without too much resistance into the chf.
The Swiss economy needs the weaker chf to stabilize deflation which could really hurt the economy systemically, and the SNB needs also to at least send a signal to prevent a huge influx of investors. They have the ability to intervene, they have the world opinion on their side to intervene...Ignored