Nobody but those inside the SNB knew the actual day the "peg" would be taken off but many others knew it was only a matter of time. Sorry for anyone trading a CHF pair but the market always wins in the end - even against a central bank.
How do you know ? There were plenty of prepositionings in the market on the prior days. In fact I changed direction because of that. I'd say all the banks knew what was going to happen.
Did you read each word of the quote you quoted: Nobody but those inside the SNB knew the actual day the "peg" would be taken off
How do you know ? Someone in SNB told you that ? As I have said, there were position takings in the market on the prior days. So plenty of people outside of SNB knew about it. I too knew something's up. Although I didn't care what was up. I saw those people going in with their cash, and I followed. I had to take a loss for it and got exceedingly annoyed, because at the time I saw those people going in, I was facing the wrong direction. On hindsight, the annoyance was worth it.
Ok oh wise one. Then how did you know there were some taking positions. I prefer to make decisions on my own. Not what other so-called "in the know" are doing. The definition of who knows what changes like the weather - on a daily basis. Everest Capital was probably included in the "in the know" crowd till - the fit hit the sham.