The next week will be the same like this week. this pair is dead and the SNB control it, so eurchf will go up whenever snb wants. But you do not expect great events in the fluctuation
this pair is dead. today USDCHF has gone up 0,90% and EURCHF 0,07%. SNB has not new presidente yet and the pair remains near to floor. pathetic!
Ignored
the pair will have some tremendous move. The long positions on EURCHF future is about 40 times the short; there is great chance the EURCHF will break below 1.2000 to trigger the stoploss before SNB taking it back to 1.2000 level because the chance is thin for majority to make money.
The next week will be the same like this week. this pair is dead and the SNB control it, so eurchf will go up whenever snb wants. But you do not expect great events in the fluctuation
Ignored
This week was rewarding for who took the risk and had the patience. And the risk actually was low.
Yes. I was thinking about that if there are more candidates what if some of them not support the peg policy, and this is the reason of the bearish move of last months.
Hugo Baesinger is a candidate (former DB board member, risk chief) what if he has other idea and he will be elected for member and then president? I came to conclusion that main politicians want weaker chf so probably they select sone according to that. Still eg Baesinger can have differet weaking idea than the peg...? As far as I know they selected someone Friday an some insiders maybe know that. That could be the reason of Friday small upmove? Just pure speculation.
As far as I know they selected someone Friday an some insiders maybe know that. That could be the reason of Friday small upmove? Just pure speculation.
To me the market is doing it's inevitable natural movement, every market follow some "secrets" natural rules, and eurchf is not special.
Next week will be a great week for some, this kind of opportunities are very rare and can be very powerful!
Blessed those who know what's happening
i also think they are looking for someone to please the government. and my guess is that this person is not going to be jordan, he'll probably be the vice-president.
i also think they are looking for someone to please the government. and my guess is that this person is not going to be jordan, he'll probably be the vice-president.
Ignored
"According to SNB rules, the supervisory council proposes new governing board members, who are then approved by the government. But the government may name the SNB chairman without input from the council."
"According to SNB rules, the supervisory council proposes new governing board members, who are then approved by the government. But the government may name the SNB chairman without input from the council."
