Category Archives: Fundamental

SNB removes 1.20 cap and cut rates to -0,75%!

Wow, wow, wow! Is that surprise or what!? EUR/CHF fall to 1.0200, USD/CHF to 0.8400! Is this might be expected? Edit: It seams that EUR/CHF is now at 1.0500, USD/CHF at 0.8800, but trading platforms are ‘dead’ and we must wait a while for the brokers and providers, to setle this mess. There is some reports who said that the EUR/CHF low

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Swiss voters say NO to gold!?

Early projections from Switzerland shows that more then 75% of the voters are against Swiss gold initiative. Finaly, the SNB could catch a breath according to SRF projections. On my oppinion voting against is not surprise, but for me, procentage against Swiss gold initiative is. We will see the final results, but this is to big advantage that something significant could change.

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