- #6,784
- May 11, 2012 9:26am May 11, 2012 9:26am
- Joined Jun 2011 | Status: Scratching my head. | 3,578 Posts | Online Now
Kill the ego, or it will kill the mission.
GBP/CHF and USD/CHF 955 replies
Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies
EUR/CHF, USD/CHF turning up? 1 reply
Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
DislikedWhat if, things stand like this:
1) They absolutely don't want the eurchf price to go up at all, just let's take for true the fact that for example at eurchf at 1.25 the cpi YoY would reach over 3% in august, absolutely a thing to avoid.
2) They absolutely don't want the eurchf to go down, as deflation stay around the corner and exporters are already damn angry.
What if they are doing the double game, a floor and a ceiling, like they did when eurchf was at 1.50.
A currency pair that is sold as soon as it goes up 2 pips, and bought when it go...Ignored
DislikedOk guys i've a shocking news for you all buyers of eurchf, eurchf will rise this week.
Don't ask me why, but get ready for finally some action on this stupid pair.
Ignored
DislikedJordan's speaking tomorrow so it's not inconceivable there could be some short covering/buying in anticipation of him saying something big... but that's not likely to move the market above 2030 unless he actually DOES say something big. If not then it will fall right back down to where it is now.Ignored