EUR/CHF is heavily being manipulated by the central banks right now

[Cuong Truong]

EUR/CHF is heavily being manipulated by the central banks right now. Any thoughts?

[ffoorr]

Cuong Truong:
EUR/CHF is heavily being manipulated by the central banks right now. Any thoughts?

yes the Swiss bank manipulates prices.

Once there was a peg on eurch at 1.200, when they abandoned it, it caused the bankruptcy of brokers like Alpari

" So on January 15th, when the Swiss National Bank (SNB) suddenly announced that it would no longer hold the Swiss franc at a fixed exchange rate with the euro, there was panic. The franc soared. On Wednesday one euro was worth 1.2 Swiss francs; at one point on Thursday its value had fallen to just 0.85 francs. A number of hedge funds across the world made big losses. The Swiss stockmarket collapsed. Why did the SNB provoke such chaos?The SNB introduced the exchange-rate peg in 2011."

https://www.economist.com/the-economist-explains/2015/01/18/why-the-swiss-unpegged-the-franc

[Jhena Wena]

ffoorr:

yes the Swiss bank manipulates prices.

Once there was a peg on eurch at 1.200, when they abandoned it, it caused the bankruptcy of brokers like Alpari

" So on January 15th, when the Swiss National Bank (SNB) suddenly announced that it would no longer hold the Swiss franc at a fixed exchange rate with the euro, there was panic. The franc soared. On Wednesday one euro was worth 1.2 Swiss francs; at one point on Thursday its value had fallen to just 0.85 francs. A number of hedge funds across the world made big losses. The Swiss stockmarket collapsed. Why did the SNB provoke such chaos?The SNB introduced the exchange-rate peg in 2011."

https://www.economist.com/the-economist-explains/2015/01/18/why-the-swiss-unpegged-the-franc

[ffoorr]

PEG

[Stanley EpsiBari Deede Nwiko]

Cuong Truong:
EUR/CHF is heavily being manipulated by the central banks right now. Any thoughts?

I don't the source(s) of  your information, but what i do know as a technical trader is that Eurchf is behaving technically.

[ffoorr]

Maybe suiss bank is lowering his interest rate, or on the brink to do so ?

http://pigbonds.info/