‘Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.
Reaction details (07:16)
- EUR/CHF has been ticking higher in recent trade, now testing the 1.2100 level to the upside.
Analysis details (07:20)
- As a reminder the SNB rate decision is this Thursday so talk of this nature is not unexpected given the recent move by Credit Suisse to place negative deposit rates on large accounts.
11 Dec 2012 - 07:14 - - Source: RANsquawk
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: