fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Eur/chf Review Mon Sep 17, 2012 10:54 am | |
| Eur/chf Review Quotes from RBC Capital Markets: -EUR/CHF has continued to grind higher, briefly touching 1.2185. Although pressure on EUR has clearly eased, the modest narrowing in our estimate of EUR/USD's. Peripheral Risk Premium (currently 35.5c from a peak of 39.5c) suggests it is far too soon to think the SNB's floor is becoming a non-binding constraint and we think EUR/CHF will struggle to sustain gains. | |
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