EUR/CHF

volatility is unusually large this night

That spike is from SNB...

i would rather think that somes started to believe snb will act on wed/thu

Well that is low volatility spike after market close

SNB's Danthine says CHF is overvalued..



maybe tomorrow will move up..

i dont see anything major happening before 2020... this is the level to watch.

Here's the complete quote:

SNB’s Danthine says Franc overvalued, 1.2000 EURCHF Floor helps avoid worst for exporters; Swiss mortgage market ‘overheating.’

So now time to confess...who (besides me) bought more at 1.2030?

europe retail sales data is worse than expected

Me...

Me

Here we go again....ski-ing down...

Looks like snb also feels the heat trying with a verbal. noooooooooot enough.
Lets see something else from the toolbox.

ZURICH (Dow Jones)--The Swiss franc is still too strong, Swiss central banker Jean-Pierre Danthine tells newspaper Tribune De Geneve in an interview published Wednesday.

"We continue to believe that the franc is overvalued," said Danthine, a member of the Swiss National Bank's governing board.

Last September, the bank introduced a franc ceiling of 1.20 versus the euro after the Swiss currency hit record levels against the euro and dollar, making it hard for Swiss exporters to compete.

"With an extremely strong franc, we faced a very bleak scenario," Danthine said.

"Today, without complacency, we can say that the situation is getting better. With the floor we avoided the worst, particularly on the export side."

At 8.50GMT the EUR/CHF was trading at 1.2036.

Newspaper website: www.tdg.ch

i closed a long with few pips green, and bought even lower at 1.203x

even lower 203x? how u did that?

I was long 5 lots and closed trade earlier for few pips. now i am long from this 1.2036 level.

I'm going to buy some more later and grab that 5X Rollover for the Easter weekend. Then it almost feels like I'm making money on this cross.

ah okay i misunderstood, i thought u opened under 2030.

min bid rate is unchanged, no wonder