DislikedLongs are already getting burned. The fast upward movement from 1,21 was just a very small example how things can happen very fast. Down things go very slowly torturing the longs. Goldman Sachs predicts the future as much as a referee of a football match predicts the final score of it when he is the referee of that same match. Predictons on the financial markets are never impartial. If i want the market to go to 1,20 will i say that the market will go up? An artifical market created by the SNB is to Goldman like fishing on a tank with plenty of...Ignored
they can tell what they will do - as no one follows.
yes it could very well be (if you see that chart in the last 2 years) that in a couple of days we will be at 1,24 - albeit current market conditions are not in the favour of that (ukraine mess and etc.).