Tuesday, September 6, 2011

CHF smart move by SNB

Eur gained in minutes what lost in 3 months. SNB gained on reserves. I doubt 1.20 will hold for long.
http://www.snb.ch/en/mmr/reference/pre_20110906/source/pre_20110906.en.pdf
They made it with one statement.

Market was "expecting " the move. I am  selling eur/chf


No comments:

Post a Comment