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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 901
Forum Topic:

CHF

Discuss CHF
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
May 6, 2010 11:12
$EURCHF plunges 120 pips as SNB seems to "LET GO"


Ashraf
montmorency
UK
Posted Anonymously
14 years ago
Apr 30, 2010 15:58
The trouble with shorting EUR/CHF is that you'd have to have a pretty long stop to be sure of not being taken out by an intervention. Better to short while it's still high just after an intervention, if you can.

Now, how much are you willing to bet that their intervention policy is no more? :-)
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 30, 2010 14:57
$GBPCHF failed the 9-month trend line resistance at 1,6610


Ashraf
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Apr 30, 2010 10:33
In March, exports rose 14.6% in real terms to 17.8 billion Swiss francs--indicating that the Swiss export industry remains competitive despite the franc's gains.

The Swiss National Bank slashed interest rates to a record-low of 0.25% in March 2009. Some observers say it could begin raising rates again in the second half of this year.

dj
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Apr 30, 2010 10:26
@ all,

It's time to short EurCHF !

0848 GMT [Dow Jones] Swiss National Bank president Philipp Hildebrand provided no fresh clues on its currency intervention policy in his speech Friday, says Bank Sarasin. "There isn't much that's new, and I think that is reflected by the steady market reaction," says economist Ursina Kubli. The SNB may decide to slowly exit its policy of curbing excessive franc gains once the Swiss economic recovery is better established, she adds. "The SNB may then tolerate EUR/CHF at around 1.40," she notes.

dj
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 30, 2010 3:19
USDCHF faces important resistance at 1.0930 but not sure how much upside we would get above 1.10. EURCHF looking suspiciously stable at 1.4343 despite the broad EURUSD damage. I think we should see 1.4250 again but shorts nust be protected at 1.4450.

Ashraf
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 30, 2010 1:00
descending triangle on USDCHF in 5h chart - could break upwards.
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Apr 29, 2010 13:49
Dear Ashraf & forum,

Do you see USDCHF rising to 1.15 level over the coming weeks? Thanks alot.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 22, 2010 11:25
Callum, i dont see why EURCHF would not plummet again at the next broad attack on the euro.

So we could see 1.4270.

Ashraf
bojan
Arizona, United States
Posts: 111
14 years ago
Apr 22, 2010 9:23
The SNBs reserve holdings increased to 56bn, a 51% increase over Q4 holdings, which implies
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.
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