DislikedYou can't... he alpha blended it in photoshop.Ignored
DislikedTalk about intervention effect, BOJ & SNB intervention can create such different impact. I think timing is crucial here, I donít know why BOJ execute it too early (Aug 01), why not waiting FOMC statement first at Aug 09 just like SNB. As I can see at the chart, from my own view, BOJ execution is not efficient enough changing market sentiment, not enough fundamental thing can help market withdrawing from JPY at Aug 01. Well, for me, that inefficiency interesting enough to be played on.
DislikedEmerald eyes caught a nice one, check the smexy thread. Lucky as fk if you ask me lol but awesome all the same, gotta be in it to win it.
Well done EEIgnored
DislikedDoes anyone think this is what caused this?
From what I can tell those are vanilla options being mentioned. I think vanilla options produce orders, but only when they are big options. There was some comments out of the EU commission at that time also, maybe that had something to do with the move?
What do you guys think?Ignored
DislikedA UK clearer was involved in buying those GBP.Ignored
DislikedHow do you know, any way to have known in advance?
edit: found this http://www.forexlive.com/blog/2011/0...by-uk-clearer/Ignored
DislikedHedge funds are considering ways to mount a counterattack against the Swiss National Bank, whose attempt to wrest control of the surging franc caught investors off-guard.... (WSJ.com)
The war is near, choose your side wisely... and, prepare for bloodshed.Ignored
DislikedI'd be surprised if the SNB were to "lose" any time soon. They can print as much money as they need to sell, live with inflation a bit while those who've bought swiss francs live with negative interest rates and the threat/possibility of further intervention, as the SNB said at 1.2 they still consider the franc overvalued and 1.3-1.4 is where they think its value should be. Let's not assume they haven't learned anything from their failed interventions last year and the year before.Ignored
DislikedSo quiet here, I wonder where's everyone
Got interesting news from CNBC "Why central banks are helping Europe's bank get USD?". Make me thinking about scenarios and searching for answer inside my mind, below points are just my own hypothesis.Ignored
DislikedDint you hear. The book is out and many orders have now been delivered.
I read somewhere that most of the EUR CDS are being sold my US banks. I think there might be some vested interest here due to "systemic risk".
OT: Fan of Assassin's creed?Ignored