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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 903
Posted: Feb 22, 2010 5:00
Comments: 903
Forum Topic:
CHF
Discuss CHF
that intervention in EUR/CHF was significant in the first quarter of 2010. Since the latest round of intervention, suspected to have been on April 1
b.
Ashraf
Ashraf, being the humble that he is, didn't post this on all threads...so I'll volunteer.
And you guys thought Ashraf Laidi was good at inter-market analysis!
http://www.youtube.com/watch?v=bS9B3i3vaMY
Asad
and Russia and possibly Dubai. ( Even Putin is - could be gossip- reported to change rubles to CHF he is a very rich person btw )
there is saying in FX " USD is the worst currency, except all the others", and on the question to Warren Buffet " if you would have to transfer all your USD cash, what currency would you buy? " He answered "CHF, because I would loose the least"
Frank is not tied to commodities like (AUD,CAD,NZD), Swiss neutrality and bank secrecy (currently it's in question, but we shell see) provide safe haven, and economy has steady pace (no huge swings) Switzerland does not have astronomical national debt like USD, GBP, JPY
my favorite reason to trade CHF, particularly EUR/CHF is SNB and their interventions. National Bank is trying to scare people from buying their currency against EUR. Personally, I think it is most predictable pair on the market for a while now.
Question about CHF is "why you would' not buy CHF"
b.
OK WE R GONNA A SHARP BREAK UP ON EURCHF
OTHERS WEAKNESSES.
What does the CHF have going for it?