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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Tag Archive: Carry Trade
Swiss Franc in Spotlight (January 2009)
Jan. 29th 2009 Extracts from the history of the Swiss franc (January 2009). The Swiss Franc is in the same boat as the US Dollar and Japanese Yen, benefiting from an increase in risk aversion and an unwinding of carry trade positions. In other words, the currency rising on the back of the sound monetary … Continue reading...
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