EURCHF Trades below SNB Floor Price of 1.2, SNB Intervention Possible

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1. Swiss National Bank Has Come up to Defend its 1.20 Peg for Euro, Buy Nifty Future Swiss national bank had in month of August 2011 announced to buy unlimited quantities of foreign exchange to defend its currency from further appreciation. However SNB finds that CHF has fair value around 1.35, to...
2. Why is USD Strong across the Globe, Strong USD Responsible for Panic Selling by FII FII are selling from last 6 months, USD has been showing strength across the board. Panic selling by FII can be justified by strong USD, as most of these foreign players hold portfolios in USD...
3. Selecting Trending Currency pair for Forex Trading Majority of the forex traders use technical analysis approach to trade, most of these technical traders want the currency pair to follow the trend, may be up or down. When I say about forex trading...
4. OTC Forex Trading illegal in India, Here is trick to trade major currencies In year 2011, RBI has come up with a clear notice that, Indians are not allowed to trade in International Forex OTC (over the counter) market (you can read it on the website of RBI)....
5. Short Sell Nifty Future, More Downside Likely From Global Markets Today we have seen Italian bond yields has gone up sharply and this was the reason for most of the global markets turmoil, this down move or huge selling will bring Indian markets in its...