20090620 - EURPLN, CHFPLN

The EURPLN slowly, but steadily continues its rally:



The CHFPLN chart is similar:



Both currencies are next to generating the buy signal.
I find current setup quite confusing, but the price is what counts, not our beliefs.

The Swiss National Bank intends to lower three-month CHF LIBOR rate to ca.0.25% (currently: 0.40%) (here).

Sources:
[http://www.finanse.egospodarka.pl/41800,Kurs-franka-do-euro-SNB-za-oslabieniem,1,48,1.html (via Google Language Tools)]