Specs Scrambling For Cover In EUR/CHF The Armageddon trade is being taken off in dramatic size in thin-month-end markets, driving EUR/CHF above 1.2200. USD/CHF is nearing resistance at 0.8440. Traders not talk of significant interest from real money accounts to buy both USD/CHF and USD/JPY at the fixing at 15:00 GMT. The danger now is … Continue reading »
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Tag Archive: FOMC
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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EUR/CHF, a Year of Free Market (07/2010-07/2011): August 2010
ForexLive Asian Market Open: CHF, JPY Up; GBP Down EUR/CHF will begin the new month at fresh record lows and this may encourage some of the bigger macro funds to join in the rout, those that aren’t already involved that is. I think it was Paul Tudor-Jones who said that his best trades often came … Continue reading »
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