Not responding to the idea of central bank intervention is the euro/Swiss franc cross, still...


Not responding to the idea of central bank intervention is the euro/Swiss franc cross, still hugging a line just a fraction above the SNB's CHF 1.20 floor. If and when the EU's spreading crisis truly stops or even slows, one would expect pressure on the pair to come off.

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Comments (2)
  • bbro
    , contributor
    Comments (11217) | Send Message
     
    Since SA's great post on Swiss yields...I have started following the 2 year Swiss note....at the minimum this needs to get back to a zero yield...Negative .32 today
    15 Jun 2012, 07:32 AM Reply Like
  • remurraymd
    , contributor
    Comments (2274) | Send Message
     
    SNB will hold the line little trading potential in (FXF)
    Too manipulated we exited to (GLD) months back.
    15 Jun 2012, 08:47 AM Reply Like
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