SNB has pulled the Goalie

The SNB has in an unprecedented manner removed its 1.20 guarantee against the EUR. SNB had spend millions in the past supporting the guarantee of 1.20 but with the majority of share held by cantonal bank and individual investors the SNB is structured different to most central banks and has a a fiscal responsibility to […]

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EURCHF Bull opportunities ahead – Swiss Central Bank defences on guard

Swiss Central Bankers are on high alert are ready to intervene should the EUR lose further value and bring the cross rate closer to the 1.20 franc per euro.

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