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Home
> Central Banks
> EUR/CHF jumps on SNB warnings
Central Banks
SNB

EUR/CHF jumps on SNB warnings

Adam Button
Adam Button
Sunday, 06/11/2011 | 22:09 GMT
06/11/2011 | 22:09 GMT
  • 0

EUR/CHF rose to 1.2200 from 1.2130 on Friday after a warning from the SNB’s Danthine. The pair opened the week an additional 70 pips higher at 1.2270 after a similar warning from SNB leader Hildebrand.

This humble forex strategist said it was a great time for a EUR/CHF long on Friday at 1.2136 and is comfortable staying long here.

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