Dislikedthanks for that, i wasn't really sure how much eur they were holding swap wise or how much of an impact that would achieve, as $ only has so many places to go right now, chf being one of themIgnored
Between the FED swaps, the SNB swaps, the BOJ swaps and the Chinese, there's loads of money flowing into the euro right now. CB's are outweighing the fundies. ECB is heavily buying again today, they will load up some serious debt before the EFSF takes over. EFSF really isn't big enough, but if the ECB keeps adding at this rate, it won't matter a whole lot.