George Liu's  Instablog

George Liu
Send Message
I am the Chief Financial/Economics Columnist of The Daily Political Review, a Monitored Contributor for FOREXPROS, a Seeking Alpha Certified Contributor, as well as a paid blogger for The Motley Fool Blog Network. I also currently serve on the Board of Directors for Ureka Co. Currently, I am... More
My company:
Ureka Rechargeable Battery Case
My blog:
Motley Fool Blog Network
  • Say Cheese, Swiss National Bank 0 comments
    Sep 7, 2012 5:49 PM | about stocks: FXF, EWL, FSZ, EUO, FXE

    Something interesting happened today as the unthinkable has become the thinkable. The pressure on the euro/Swiss floor of 1.20 Swiss francs to the euro has finally been lifted! This floor, which was implemented by the Swiss National Bank to counter the massive inflow of euros into Switzerland, had been under pressure basically since inception. However, today the exchange ended at 1.21 francs to the euro today, which is huge considering that a few days back, on September 2nd, the exchange was set at 1.2009 francs to the euro.

    This occurrence is a potential sign that the euro is gaining traction and optimism about the European sovereign debt crisis is slowly increasing. For more analysis of the euro/Swiss floor, click here.

    Stocks: FXF, EWL, FSZ, EUO, FXE
Back To George Liu's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $WAC down nearly 20% on EPS of $0.64 compared to analyst estimate of $0.67. Really?
    Mar 19, 2013
  • Why did FMER plunge 11.3% today on news of CRBC acquisition? In my opinion a pretty good deal.
    Sep 13, 2012
  • LULU cools down a little after soaring 13% on Friday on strong $0.39 EPS versus analyst estimates of $0.31
    Sep 10, 2012
More »

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.