Sorry, now my exposure in a new short position in EURCHF will be smaller (after my previous short postion has been closed by a stop order).

EUR/CHF

I short again at break even. Next stop 1,2070. Less lots

EUR/CHF

I hope it doesn't spike above 1,2031, for my stop loss! — I really didn't expect this 20 pips spike

EUR/CHF

The question is not how much will SNB economy lose if Peg is abandoned NOW, but the cost it will have in the future if inflation appears and Foreign Reserves arrive to a Billion in 2 years

EUR/CHF

Central banks loses credibility continuously (SNB has done it before... decades ago). And SNB is not using verbal intervention anymore, therefore it is able to lower the cap to 1,10 without consequences. Or 1,15, etc. It would not be worse for SNB ...

EUR/CHF

Well, large Europeans investors have no hurry, banks with excess liquidity will wait the necessary time and Hedge Funds are accumulating francs against the euro but I don't believe they will late too much for a huge attack, given the lack of ...

EUR/CHF

Ok, EURUSD could go to 1,34-1,40, but mainly not because the euro value would increase (Eurozone crisis will be permanent unless they create a genuine political union or government debts disappear: actually the opposite will happen), but dollar ...

EUR/CHF

No. The GDP data has been totally disappointing if we consider trade balances, unemployment, KOF, PMI, retail sales, etc in past months. And what has happened? 3 pips up! Now given that deflation will disappear, the only indicator that could make ...

EUR/CHF

No, because given that hedge funds and banks, and also SNB, will buy francs in every spike (that unlikely will repeat), as last 6 months, and even more because now they Know someday peg will be removed. It's a sure bet for them. And every spike is a ...

EUR/CHF

I don't. Intrinsic Value of Swiss Franc actually it's below 1,20. Last year when EURUSD was at 1,40 EURCHF appreciated to 1,24 only because it was expected that Hilldebrand would rise the peg. Now it can't happen, but the opposite. Furthermore the ...

EUR/CHF

CitiFx, etc. But do You really expect that they will not raise margin requirements as well? And give all of them negative Swaps? EURCHF pair is dead. And in some months it will be removed. Profits will be in short position

EUR/CHF

Not strange what brokers have done. All them will do the same. Now ECN or futures are the best option to trade with low leverage. But they too will increase margins. It will be more difficult to short, the best trade given the probability of ...

EUR/CHF

I don't believe we will see any more 30-pip-spikes once Jordan has said that intervention won't last forever but now is intervening in these extreme circumstances although it may cause losses in the future (it means EURCHF falling below 1,2000). ...

EUR/CHF

Deflation "probably" will finish in few months. Then or sooner peg will be removed. Of course the pair would plummet, even if Eurocrisis was fixed (not main scenario). Then if deflation threatened SERIOUSLY again price stability (not very likely ...

EUR/CHF

Not necessary to see a eurozone break-up to see EURCHF below 1,19. I am not short yet, but this will be the short of the second half of the year. Jordan is no longer pronouncing "overvalued" (correct me if I'm wrong, but at least for sure he is not ...

EUR/CHF

Shorting probably not yet. But first days of september or in a spike upwards, yes. The reason because selling pressure has slowed is because equities and EURUSD have done very welll in Europe (even with SNB selling euros and buying dollars, punds, ...

EUR/CHF

They don't need a record trade surplus. We can see that resistency of swiss economy to strong franc is very high. Higher trade surplus than with EURCHF at 1,65. Probably swiss economy could face a EURCHF below parity. ANd removing the peg will ...

EUR/CHF

Why equities and dollar are falling together? If QE3 is announced, VERY bad for the dollar and good for the stocks. If not announced, very good for the dollar and bad for stocks This situation didn't happen before, did it?

EURUSD

IBEX in Madrid has recently increased almost a 30%, and EURCHF has not benefited from it. The same with the euro. EURCHF doesn't depend on risk aversion. Only it depends on SNB movements. If no expectation that "peg" will be raised (and it can't ...

EUR/CHF

I agree with you completely. SNB won't wait to see a >2% inflation to give up. By the moment don't expect SNB will raise the floor or give up. But I believe that there's going to be a spike below 1,20, like the 200 seconds spike to 1,2080. Ok, SNB ...

EUR/CHF