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  • Swiss Franc Outlook For 2013 [View article]
    In the above post we had mentioned "EUR/CHF to have some more appreciation in next few months, first toward 1.2360 and then possibly 1.2440.". After one year of running flat the sudden jump has taken EUR/CHF to 1.2400.
    Jan 17 01:36 AM | Likes Like |Link to Comment
  • Swiss Franc Outlook For 2013 [View article]
    Nope, as mentioned that we should consider that SNB will not be taking it off as there is no compelling reason to do that and also as it can be managed considering the size of the economy.

    If EUR/CHF goes up would mean that CHF is getting weaker and that's what SNB would look forward to help the exports.

    Quoting from the article (Heading EUR/CHF):

    "Swiss National Bank's set floor for EUR/CHF for 1.2000 level does not seem to have any immediate threats. Considering the size of economy, SNB's intervention for the Forex rates would always be more effective than in any other country like Japan"
    Jan 7 08:26 AM | Likes Like |Link to Comment