SNB is backed into a forex corner

Source: www.ft.com

The Swiss franc might be hovering near record highs against the euro, but the Swiss National Bank is unlikely to revert to direct intervention


Read more...

  • Forex Megadroid Review Automatic Trading | Information Products ...

    Unfortunately the Forex Megadroid was released at a similar point in time and people instantly assumed it was just another knock-off robot. The truth is there is a lot more substance behind the Forex Megadroid robot than meets the eye. Information Products - Softwares... -...

  • Central banks turn EUR/USD sellers on rallies

    After days of buying dips, Asian central banks have turned sellers on rallies. The 800-pund gorilla has been selling toward 1.4200 with a pair of smaller regional central banks seen selling strength. If nothing else, it looks as though the CBS may be looking for a range rather than a resumption of...

  • EUR/USD Moves Higher Despite Weak French Industrial Production

    By Fast Brokers - The EUR/USD is rebounding past 1.40 despite weaker than expected industrial production numbers from both Germany and France...

  • Greek Forex Broker — Forex Blog

    I guess it's the first Greek Forex broker that I've seen. There were many from Cyprus, but though culturally related Cyprus isn't Greece. Is there anything else interesting about this broker? Not much, they are quite average and in some ... Forex Blog -...

  • Daily Forex Prediction for June 15, 2009 (update 09:58am GMT+7) by ...

    EUR/USD After it is go up to around 1.4050, It is more likely to go down to around 1.3900 , and after that, it have a potential to go up to around 1.41. ... See all stories on this...