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I agree, this indeed a unique asymmetric risk reward opportunity. I am long the EUR/CHF since the beginning of June.
MS does believe that the floor will break however...
Can you help answer these questions from other members on NexusFi?
The Swiss National Bank (SNB) has set a minimum exchange rate of 1.20 francs to the euro, saying the current value of the franc is a threat to the economy. The SNB said it would enforce the minimum rate by buying foreign currency in unlimited quantities.