Swiss National Bank will intervene again !

[SolomonT]

This is really HOT news

Be prepared this time the SNB will intervene again.The ceiling will be between 1.30 to 1.35 (CHF to EUR)

Forecasts show that negative inflation is temporary
SNB will intervene "as necessary in order to influence monetary conditions"
Swiss franc significantly overvalued
Doesn't expect 'sustained negative inflation'
Confident economy can cope with strong franc
Comments from SNB alternate governing board member Moser:
Expect the franc will weaken significantly over time

 

[SolomonT]

http://monetary-metals.com/the-swiss-franc-will-collapse/

 

[alexaherself]

Some of it's certainly rather entertaining.

Though not necessarily intentionally.

It appears that the author, "Dr" Weiner, apparently has a Ph.D. from a non-accredited "university" with rather a similar agenda to his own. Funny, that ...

 

[Forexmospherian]

Dr Weiner ( lol ) and April Fools day maybe ;-)

 

[SolomonT]

Ok, lets forget about that article, what about this:

http://www.cnbc.com/id/102538842


http://www.reuters.com/article/2015/03/26/swiss-snb-idUSZ8N0VX00Z20150326

http://snbchf.com/snb/end-chf-cap-snb-intervention/

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=a719b78d-e210-474f-b204-d5004b10c137

http://www.swissinfo.ch/eng/snb-is-...n-of-foreign-currency-qe--moser-says/41341050

http://snbchf.com/snb/end-chf-cap-snb-intervention/

 

[Martinghoul]

That Dr Weiner guy is surely entertaining... What a load of borrox!

As to the SNB intervening, of course they're going to try and do something in case their currency continues to strengthen. That's not news and there's nothing shocking about this whatsoever.