Tuesday, 16 August 2011

The pegging of CHF to EUR

Will the Swiss National Bank agree to peg the CHF to EUR? Guess this will scare a number of speculators off for the moment. Since the idea first float into the market, players had been covering their short positions, pushing the CHF lower across the board.

What if they do not peg it? Guess your imagination can tell you how CHF will react to that news then.

Renomic

No comments:

Post a Comment