EUR/CHF: One Year of Free Market (07/2010-07/2011): February 2011
February 2011 EUR/USD Outlook EUR/CHF looks like its forming important technical support at 1.2700 and should go higher. EUR/GBP and EUR/JPY are best described as choppy but the EUR/AUD is also...
View ArticleEUR/CHF: One Year of Free Market (07/2010-07/2011): March 2011
March 2011 Swiss KOF Leading Growth Indicator 2.24 In March Up from revised 2.19 in February (initial 2.18.) Stronger than median forecast of 2.15. Bit of a surprise. EUR/CHF lower, presently at...
View ArticleEUR/CHF: One Year of Free Market (07/2010-07/2011): April 2011
Quick Look At The Order Board EUR/USD: At least two sizeable barriers at 1.4550; light stops immediately above 1.4555; decent-sized offers near 1.4600 AUD/USD: Decent-sized bids from option players...
View ArticleSwiss Franc at record highs (May 2011)
May. 27th 2011 Extracts from the history of the Swiss franc (May 2011) This month, the Swiss Franc touched a record high against not one, but two currencies: the US dollar and the Euro. Having risen by...
View ArticleEUR/CHF: One Year of Free Market (07/2010-07/2011): May 2011
May 2011 ForexLive Asian Market Open: Analysis With Fries Just brilliant Jamie Australian GDP this morning and the market is now gearing itself for a poor number after yesterday’s data and weekend...
View ArticleHow to Trade the Franc-Yen-Dollar Correlation (June 2011)
Extracts from the history of the Swiss Franc (June 2011) Jun. 6th 2011 Last week, the Wall Street Journal published an article entitled, “Currency Correlations Lose Their Way for Now.” My response:...
View ArticleThe Swiss Franc is the Only Safe Haven Currency (June 2011)
Extracts from the history of the Swiss franc (June 2011) Jun. 23rd 2011 According to conventional market wisdom, there are three safe haven currencies: the Swiss Franc, Japanese Yen, and US Dollar....
View ArticleEUR/CHF: One Year of Free Market (07/2010-07/2011): June 2011
Specs Scrambling For Cover In EUR/CHF The Armageddon trade is being taken off in dramatic size in thin-month-end markets, driving EUR/CHF above 1.2200. USD/CHF is nearing resistance at 0.8440. Traders...
View ArticleEUR/CHF: One Year of Free Market (07/2010-07/2011): July 2011
ForexLive Asian Market Open EUR/USD is trading around 1.4390 and USD/JPY is at 77.20 as the market awaits the latest developments out of Washington. Risk pairs like EUR/JPY and EUR/CHF are likely to be...
View ArticleEUR/CHF: A History of Interventions: August 2011: the Top
EUR/CHF Kicked Lower Again Hitting a new low this week of 1.1545 and is down over 300 pips on the day. The moved largely initiated by a major swiss name earlier apparently in conjunction with a...
View ArticleEUR/CHF: A History of Interventions: September 2011: The Floor Introduction
SNB Spotted In The Cross Today… Traders say the SNB was seen on the bid in lumpy size on the quick slide toward 1.2120 shortly after the open of US equity cash markets at 13:30. We’ve quickly bounced...
View ArticleEUR/CHF Markets Betting on Floor Hike: October 2011
October 2011 Looks Like Market Exercising The Free EUR Put The SNB Bought For It EUR/CHF has been under pressure for the the last two weeks despite Herculean efforts by the EU/IMF to bailout the euro...
View ArticleEUR/CHF, A History, Market Betting on Floor Hike: November 2011
Rumour Of A Softer KOF Swiss Leading Indicator… Expected 0.63 vs previous 0.80, but the number now being touted is 0.35 EUR/CHF is getting a leg up on this around 1.2283 now from 1.2260 earlier By...
View ArticleEUR/CHF, Market betting on Floor Hike, December 2011
Four Trades For 2012: #2 Sell The Swiss Franc I bought EUR/CHF shortly after the 1.20 peg was introduced and have held it ever since. My only regret has not been trading the range more aggressively. At...
View ArticleEUR/CHF, A History, Market Betting on Floor Hike: January 2012
1.2034 The EUR/CHF Low As Risk-Off Resumes 1.2025 barrier supposedly in play while the 1.2000 peg below will act as a magnet if broken. There is something about the forex mindset that prompts markets...
View ArticleEUR/CHF, A History, Market Betting on Floor Hike: February 2012
EUR/CHF Busy Doing Jack; Jordan Gobbing Off Later EUR/CHF sits at 1.2048, some 7 pips easier from when I started out. Barrier option interest sits at 1.2025 and ofcourse 1.2000. SNB interim head honcho...
View ArticleEUR/CHF, A History, Market Betting on Floor: March 2012
Nomura Touts EUR/CHF Longs Strategists there advise going long around the current levels, they say the floor will not break. They target 1.24. I have to agree. To me, it’s a question of buying low or...
View ArticleEUR/CHF, A History of Interventions: May 2012
FT A Wee Bit Late To The Party… Notices Europeans have been buying Swiss francs and dollars. Who knew? By Jamie Coleman || May 30, 2012 at 19:43 GMT AUD/USD, NZD/USD Dragged Higher As EUR Recovers As...
View ArticleEUR/CHF, A History of Interventions: What markets say, June 2012
SNB In A Bind With Euro Holdings Today’s reserve data showed skyrocketing reserves at the Swiss National Bank as they defend the EUR/CHF floor. Reserves were at 365B francs at the end of Q2 compared to...
View ArticleEUR/CHF, A History of Interventions: What markets say, July 2012
More Chatter About The EUR/CHF Peg The FT reports that Switzerland is ‘new China’ in currencies Chatter that the SNB was buying 3 billion francs worth of euros per day. “The picture is one of a central...
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