SNB printed another 17 billion last week alone (ending 1st June), the week before was 13 billion. This is massive and SNB is afraid. Now it is the silence before the big thunder striks. One of the worst scenario it could happen is that if Spain gets out of control this fall, I think the peg will break as there is no point anymore for SNB to peg to a flawed currency, but for now, I still think SNB will have to do something to slow down its printing speed as it may cause serious inflation in the future.
my broker fxpro has changed the swap for long position to: 0.000 !!!
grrrr!
somone else with this dilemma?
Ignored
one or two weeks ago...also they changed spread most of the time during the day 4.0 pips, sometimes only 1.9 but very limited. they dont want long EURCHf clients anymore they almost told me on the phone
one or two weeks ago...also they changed spread most of the time during the day 4.0 pips, sometimes only 1.9 but very limited. they dont want long EURCHf clients anymore they almost told me on the phone
