Interesting rumors flying around the market about the Swiss National Bank buying, or getting ready to buy the British Pound. Speculation is ripe the SNB will increase the percentage of GBP holdingsin its reserves. These rumors are attributed to a senior portfolio manager at the Swiss central bank as claiming that Pound will become a [...]

It has been a long time since I discussed the CAD-CHF on these pages. A quick look at the CAD-CHF as it is on the daily chart, where this pair is at a possible support point. After the huge rally to 0.9047, the CAD-CHF pulled back to 0.87 handle. This also happens to be right [...]

After showing brave faces and more or less united front on the Greek bailout for some time now, a new disagreement developed among the EU members. Some of the countries, seven by last count, now want the private sector to carry a greater burden of the bailout than previously agreed. In other words, countries like [...]