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View Full Version : SNB Action May Keep Franc-Euro Rate Near Cap, Deutsche Bank Says - Bloomberg



NewsWhore
04-12-2012, 02:22 AM
SNB Action May Keep Franc-Euro Rate Near Cap, Deutsche Bank Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGOlU867MMYkvIiTiYBl7YChYDdxA&url=http://www.bloomberg.com/news/2012-04-12/snb-action-may-keep-franc-euro-rate-near-cap-deutsche-bank-says.html)
Bloomberg
The Swiss central bank's “passive” defense of its 1.20 limit on the franc's rate against the euro may spur traders to end bets the currency will weaken, according to Deutsche Bank AG. “The method of intervention has been passive, rather than active, ...

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