Goldman's Jim O'Neill throws in the towel on his prediction the SNB will raise its CHF 1.20 peg...

|By:, SA News Editor

Goldman's Jim O'Neill throws in the towel on his prediction the SNB will raise its CHF 1.20 peg to the euro to CHF 1.25. Having gotten that one wrong, he moves on to the yen, predicting a significant drop in Japanese currency in H2. The euro/franc cross continues to flatline at 1.2010.