Barclays expects a EUR/CHF breakout soon

Barclays: EURCHF bullish while support at 1.0410 remains intact. Pair has been capped below 1.0650 so far, but expect this ceiling to break soon, targeting immediate resistance at …
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SNB sets unofficial corridor of 1.05-1.10 for EUR/CHF

The Swiss newspaper Tagesanzeiger reports that the SNB has set an unofficial corridor of 1.05-1.10 for EUR/CHF This would explain the price action last week It is likely the market …
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EUR/CHF bid, but flows are light

via Citibank: We have heard a few comments about EURCHF and what’s going on. The truth is we have seen very little activity in EURCHF or for that matter USDCHF. The fact that EUR …
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EUR/CHF back above 1.00; talk of SNB intervention

Rumors about SNB being active in the market are making the rounds as EUR/CHF has risen back above 1.00 from a low of 0.9782 overnight Strong CHF a major concern for Switzerland, li …
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Citibank is skeptical about the SNB rate cut

via Citi: Negative rates: Waste of time? – The SNB last deployed negative rates to combat CHF strength back in the 1970s. It introduced a penalty charge of 2% per quarter on some …
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EUR/CHF – Market not impressed with SNB action: by Milan Cutkovic

EUR/CHF is trading at 1.2042, after running into decent supply ahead of the 1.21 resistance level The market is not very impressed by the SNB decision to introduce negative interes …
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EUR/CHF lower as SNB takes no action by Milan Cutkovic

Nothing new from the SNB The bank keeps the 1.20 floor and says it will take further measures if necessary to defend it Some were expecting the introduction of negative deposit rat …
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Swiss have voted against Gold referendum by Milan Cutkovic

The latest SRF estimates show that 78 % of the Swiss voters have voted against the Gold initiative With such a clear outcome, this topic will be off the table for quite some time a …
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EUR/CHF – Swiss Gold Referendum On Sunday by Milan Cutkovic

A reminder to all those with a position in EUR/CHF: The Swiss Gold Referendum will be held on Sunday. The latest poll showed that only 38 % support it and the general view is that …
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EUR/CHF – UBS expects SNB intervention around 1.2010

Analysts at the Swiss bank think that they central bank might intervene in EUR/CHF should it reach 1.2010 The pair is currently trading at 1.2017 with the low at 1.2015 The post EU …
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