…that the high-profile US hedge fund advisory firm that the market pays such attention to opined that the the SNB would tolerate a CHF as strong as 1.30… Shortly there after the SNB announced they were halting their failed intervention strategy and EUR/CHF went into freefall.
We are now about 1 trading day from the 1.300 level at the present pace. Will the SNB show its hand? Inquiring minds want to know.. What do you think?