Tag Archive: Carry Trade

The new European Save-Havens: Trade SEK/CHF and NOK/CHF

2012-01-10

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2012-01-10

eurchf eursek eurnok eurusd 2009-2011
After the announcement of the floor in the EUR/CHF pair, many predicted the Swedish and the Norwegian Krone to take the place of the Swiss Franc as European save-haven against the Euro turmoil (http://on.ft.com/pKSJ1V). Both countries possess a low level of debt, positive trade balance and very competitive economies.

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EUR/CHF A history of interventions: November 2009

2009-11-30

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2009-11-30

November 2009 Asian FX Market Open: Price Action Suggests That There’s More To Come As I wrote yesterday, the market moves reminded me of 12 months ago when risk aversion was in full flow and this has continued throughout the European session. As Lilac mentioned after the FTSE fell by over 3%, we could be … Continue reading »

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