swiss national bank

Episode 51: The Most Interesting Trade in the World of Finance Right Now

Rob Booker talks to Neal Gilbert, the educational specialist at GFT Markets and FX360, about the Euro/Swiss Franc, which is perhaps the most interesting trade in the world of finance right now. They discuss the very unusual situation that’s occuring with the Euro/Swiss, and the problematic nature of having to spend $21.50 of U.S. currency to buy a Big Mac in Switzerland. Rob and Neal also talk about why the Swiss National Bank periodically intervenes in the currency markets by buying Euros and selling off Swiss Francs. And they wrap up their discussion by talking about the temptations of changing your trading plan, moving your stop-loss and staying in a losing trade. Join us!

Follow Neal Gilbert on Twitter: @FXexaminer