I’d put this one in the “hard to believe” category, but just to let you know.
Talk a major Swiss commerical bank has been asking their clients to take back shorts in EUR/CHF. Sounds like a load of old cobblers to me.
A source infact tells me, that only yesterday said bank was opining that there was a low risk of a sharp rebound in the cross.
EUR/CHF presently up at 1.2943 from early 1.2900.
