Great read. On page 24 they state "We maintain our forecasts for EUR/CHF at 1.25, 1.28 and 1.28 in 3, 6 and 12 months."

EUR/CHF

Oanda is 82% long now

EUR/CHF

url The Swiss National Bank is prepared to defend the franc from strengthening further than 1.20 per euro if tensions in Ukraine push up the Swiss currency, Swiss National Bank Chairman Thomas Jordan told a Swiss newspaper. "We would intervene and ...

EUR/CHF

NFP is a joke, the impact of the strong number lasted an hour before the pair fell again. Twice this pair has hit 1.2210 before falling again, wonder what's keeping it down?

EUR/CHF

What a day! my massive long at 1.2110 is paying off. Overall just below breakeven given the longs at 1.2220. TP set at 1.235 or about the same levels as January.

EUR/CHF

Now back above 1.2150

EUR/CHF

Low of 1.2106 according to Reuters image

EUR/CHF

So what's the level right now? EDIT: Seems to be 1.2123

EUR/CHF

What is going on?? My account is in its biggest loss in years thanks to this pair. Still holding on as I believe SNB will defend this, likely verbally in the next few days before market intervention. Fingers cross it weakens early in March

EUR/CHF

My p&l is taking a beating this morning, a bit confused on the strength of EC as it doesn't make economic sense

EUR/CHF

Agreed, seems to be some force holdings it down even though Oanda Long ratio is at an all time high. Just topped up another 20 lots @ 1.2188

EUR/CHF

My view is along the same lines. Jean-Pierre Danthine made it clear that the cap will remain in place until " there was less upward pressure on the currency". As such, I think a move towards 1.30 would (at the minimum) be the threshold (not a ...

EUR/CHF

Agree completely. The VP's comments last week, no ECB rate cut and today's decision all point to CHF weakness.

EUR/CHF

Following Danthine's comments this morning, I think it's clear to anyone trading this pair that the cap is going to remain in place for the rest of 2014. I'm expecting to see some significant weakness during February as there is no sensible reason ...

EUR/CHF

So do you think the floor of 1.20 will hold?

EUR/CHF

Just means more money for us CHF traders. I expect this will go closer toward the peg soon, at which point the SNB will make a statement about how they will defend the peg no matter what it takes..... currency will weaken...... happened so many ...

EUR/CHF

We've now dipped to 1.218.... I presume this fall is due to the Cyprus issue pushing flows into safe havens..... waiting for 1.213 before reloading minilots and 1.208 before reloading some megalots

EUR/CHF

And we've hit 1.22!

EUR/CHF