The EUR/CHF pair almost sat still for the week as it exited unchanged. The area just below is the “floor” that was imposed by the Swiss National Bank, so selling isn’t an option at this point. Buying would be a great long-term investment, if only the Europeans would get their collective acts together on this debt crisis. Until that happens – this pair won’t be a long-term possibility at all. When it does happen – this pair could be a “buy and hold” pair.
Forex