After reading Ed Ponsi newest book, he would always mention Bank of Switzerland intervening to push CHF down. Do you know where to find this source of information where Central Banks of Major Countries like JPY, CHF throw hints?
After reading Ed Ponsi newest book, he would always mention Bank of Switzerland intervening to push CHF down. Do you know where to find this source of information where Central Banks of Major Countries like JPY, CHF throw hints?
Many thanks.
Ignored
And little good their intervention did to stem their currencies strengthening...
But, if you want to look for hints, check out the statements the central banks release after their meetings.
After reading Ed Ponsi newest book, he would always mention Bank of Switzerland intervening to push CHF down. Do you know where to find this source of information where Central Banks of Major Countries like JPY, CHF throw hints?
Many thanks.
Ignored
another one, look for extreme moves in a currency like back to last may/june aud got belted down real fast with eur on the europe debt crisis. The RBA stepped in then, also in the GFC at the low 60 cent point it stepped in to buy the aud, I believe.
