Category Archive: 1.) CHF
EUR/CHF, A History, Market Betting on Floor Hike: February 2012
EUR/CHF Busy Doing Jack; Jordan Gobbing Off Later EUR/CHF sits at 1.2048, some 7 pips easier from when I started out. Barrier option interest sits at 1.2025 and ofcourse 1.2000. SNB interim head honcho Jordan speaks later this evening (18:30 GMT) in Zurich. Might be giving instructions on how to make his favourite alpine muesli … Continue reading...
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EUR/CHF, Market betting on Floor Hike, December 2011
Four Trades For 2012: #2 Sell The Swiss Franc I bought EUR/CHF shortly after the 1.20 peg was introduced and have held it ever since. My only regret has not been trading the range more aggressively. At this point everyone has an opinion of the SNB so I won’t try to convince the bears. Personally, … Continue reading »
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EUR/CHF Markets Betting on Floor Hike: October 2011
October 2011 Looks Like Market Exercising The Free EUR Put The SNB Bought For It EUR/CHF has been under pressure for the the last two weeks despite Herculean efforts by the EU/IMF to bailout the euro zone. It looks as if the market is taking up the SNB on its offer the buy unlimited … Continue reading »
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EUR/CHF: One Year of Free Market (07/2010-07/2011): May 2011
May 2011 ForexLive Asian Market Open: Analysis With Fries Just brilliant Jamie Australian GDP this morning and the market is now gearing itself for a poor number after yesterday’s data and weekend comments from the Treasurer. China is selling rallies in AUD/USD and Middle East Sovereigns are buying big dips; sounds like a recipe for medium … Continue reading »
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Swiss Franc at record highs (May 2011)
May. 27th 2011 Extracts from the history of the Swiss franc (May 2011) This month, the Swiss Franc touched a record high against not one, but two currencies: the US dollar and the Euro. Having risen by more than 30% against the former and 20% against the latter, the franc might just be the world’s … Continue reading »
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EUR/CHF: One Year of Free Market (07/2010-07/2011): April 2011
Quick Look At The Order Board EUR/USD: At least two sizeable barriers at 1.4550; light stops immediately above 1.4555; decent-sized offers near 1.4600 AUD/USD: Decent-sized bids from option players 1.0610/20 USD/JPY: Solid bids 82.00, 81.80, 81.50. Offers still solid 83.10, 83.30 and somewhat larger near 83.50. EUR/GBP: Heavy stops above .8950 EUR/CHF: Moderate buying interest near …
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Has the Swiss Franc Reached its Limit? (February 2011)
Feb. 6th 2011 Extracts from the history of the Swiss franc (February 2011) The second half of 2010 witnessed a 20% rise in the Swiss Franc (against the US Dollar), which experienced an upswing more closely associated with equities than with currencies. It has managed to entrench itself well above parity with the Dollar, and …
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EUR/CHF: One Year of Free Market (07/2010-07/2011): January 2011
ForexLive Asian Market Open: Risk Aversion To The Fore Fears of an escalation of the troubles in Egypt and a possible spread throughout the region have led to some risk aversion in early interbank trade. EUR/JPY is trading at 111.40 after closing at 111.75 on Friday night, USD/JPY is trading just below 82.00, and EUR/CHF … Continue reading »
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EUR/CHF: One Year of Free Market (07/2010-07/2011): December 2010
Hildebrand Unable To Unload ‘Burden’ Of Record Franc As GDP Seen Slowing Bloomberg article. EUR/CHF down at 1.2595 from early 1.2635. Just reading UBS forex strategists say they are bearish the cross, focusing on 1.2439 ahead of 1.2283. They see resistance at 1.2714. They also forecast a fall in USD/CHF. See break through support at … Continue reading...
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Swiss Franc Surges to Record High (December 2010)
Dec. 29th 2010 Extracts from the history of the Swiss franc (December 2010) In the last two weeks, the Swiss Franc rose to record highs against not one, not two, but three major currencies: the US Dollar, Euro, and British Pound. The Franc is now entrenched well above parity against the Dollar, and is … Continue...
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EUR/CHF: One Year of Free Market (07/2010-07/2011): November 2010
EUR/CHF Continues Lower Presently down at 1.3055 from early 1.3090, having been as low as 1.3037 so far. Earlier I was reading comments made by UBS economist Huenerwadel, who said “At least from a fundamental point of view and aware of the increased long CHF positioning, very little speaks in favour of a materially higher EUR/CHF … Continue reading...
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EUR/CHF: One Year of Free Market (07/2010-07/2011): October 2010
EUR/CHF Up On Day; Talk Of 1.3700 Option Interest EUR/CHF up at 1.3680 from early 1.3635. Talk of 1.3700 option interest. Guess we should expect some defensive selling to kick in then. By Gerry Davies || October 27, 2010 at 09:11 GMT Cititechs Cut Long EUR/GBP Position As I wrote yesterday, I thought this was a bad … Continue reading »
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