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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 903
Forum Topic:

CHF

Discuss CHF
 
Helmut
Hannover, Germany
Posts: 24
13 years ago
Aug 26, 2011 20:35
looks like that cats EUR/CHF short have been grilled today, I was able to benefit from it by just jumping on the big move this afternoon. I am still confident that Switzerland has no other option, they need to get the CHF down, otherwise the CH export industry goes down.

I don't know how the discussed Euro/CHF binding should work, however they will not do this for 1.18, I believe 1.25 is needed to keep the export industry in business.

I stay long over the weekend, in case the push it again just before market close as last time.
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Aug 26, 2011 15:28
finally 0.8
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Aug 24, 2011 10:29
a bit quiet here.. but good trades are here too..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 18, 2011 21:16
I guess china would have to step up to the challenge :-)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 18, 2011 21:11
focus is on economy ..for now. But none of ezone debt problems have gone away. My method doesn't allow time predictions but value predictions. Imo EURCHF will reach parity this year.
However it can be soon as both Germany's and France's economy at best stalls. Who will then
be liquid enough for all that bailout money?
FXHandler
Norway
Posts: 195
13 years ago
Aug 18, 2011 20:28
When do you see 1.00 Catnip?
And how about the EUR/NOK. Hope it will further....
I am in short EUR/NOK and hope to exchange my EUR into CHF when it reaches EUR/CHF reaches 1. Good idea or not?
The CHF will have to falter against other currencies in the future sometime. Or what do you think?
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 18, 2011 16:41
sold half pos @1257 nice profit but it isn't over wait for recovery and short again target 1
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 18, 2011 8:29
the short pos was stopped out however i bought another short EURCHF @1.153 w/o sl.
The option gets knocked ot at EURCHF 1.19
The peg story could never be implemented in reality of the markets. So far the SNB has just increased cash liquidity actually almost 10-fold. That is all SNB did. It will take time but speculative attacks WILL return. We can see buying frency of CHF is back when volatility of CHF relative strength shoots up.
jacek
Australia
Posted Anonymously
13 years ago
Aug 18, 2011 1:56
crystal ball gazing.. on computer screens at SNB:-)
http://www.djmick.co.uk/images/2010/11/Bianca-Gubser-7-465x309.jpg

DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 17, 2011 23:38
1.1400 :-)