Good day fellows,
I have a question: I read (at grabthefx) that the CHF may fall due to this new tax evasion agreement, and that that maybe would cause also the EUR to go up; what’s the fundamental explanation on this opinion? I was thinking that CHF would fall because many people evading taxes in Switzerland won’t do it no more, so that’s why they might not be demanding as much CHFs as previous the agreement. And the Euro might go up because it’s no longer attractive for a EU citizen to take their money to Switzerland. What do you think? would that happen immediately, taking in count that the agreement is set for 2018? I would say yes… as people would take their money to other places starting now… But I also know that this isn’t the only agreement about tax evasion that has being sign.
Sorry to bother :S