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

CHF

Discuss CHF
 
dona
Lebanon
Posted Anonymously
14 years ago
Sep 14, 2010 12:05
Hi. Ashraf..I'm interested about ur web, where do u see usdchf could it reach 1.17 again and when do u expect that traders will not take chf as safe haven thx
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Sep 14, 2010 8:59
joe, if 1.12 in eurusd what ur referring to..then no. 1.23 may be viable late in year.

nysee, im afraid i dont cover every single currency evey single day. I tweeted on CHF during the weekend and have been mentioning parity for months as well as i expect 1.25 in EURCHF.

twitter may deal with short term targets but i wont be covering all pairs every day on the site. directional analysis is more relevant than predicting each twist and turn in every pair, which is not realistic.

Ashraf
joe
Monaco
Posted Anonymously
14 years ago
Sep 14, 2010 7:58
hi Ashraf, yesterday u said on twitter that eur debt issue is visiting the area again and what happened bet.feb-may is happening again.. if so and GBP and EUR went down again ,shall we see all the currency down like aud and cad and especially CHF coming back to 1.12 or 1.17
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 13, 2010 20:50
Imo CHF is at the moment the only not commodity backed safe haven.
Kesnington based russian oligarchs begin to buy famous swiss alpine mountains..:-)

nysse
Finland
Posted Anonymously
14 years ago
Sep 13, 2010 19:38
I follow you on twitter closely but as you haven't taken up chf there today i had to ask cause i,ve been pondering this very much, thanks!
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Sep 13, 2010 19:26
nysse, ive been quite bullish on CHF based on med term fundamentals. did you notice how CHF gains vs EUR on risk aversion and vs USD on risk appetite. Today, CHF is gaining vs both (not sure why) but the idea here is that CHF eyes more gains. Im looking for 1.25 before end of year and ive been calling for USDCHF parity for since beginning of summer. 0.980 isnt out of question.

I also posted something on CHF in Twitter yesterday about CHF

Barcap says 93% of #fran-denominated corp. bonds are based in AAA nations vs 79% for EUR bonds which include PIIGs. Think ahead $$


You can follow me on twitter at Twitter.com/alaidi


Ashraf
nysse
Finland
Posts: 1
14 years ago
Sep 13, 2010 19:19
Excuse me, but why is Swiss franc so strong today? Cant very well be safe-haven demand when all the news are so nice and sunny!
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 7, 2010 12:47
T note futures seem to indicate traders are just racing for safe haven. Bernanke needs not ease
its ECB's turn to ease --if it could.
bojan
Arizona , United States
Posted Anonymously
14 years ago
Sep 7, 2010 12:26
good article on bloomberg, supports everything that Ashraf is saying and making calls on twitter. Article in itself is very informational, but if you follow Ashraf tweets and this website, this is very, very old news.
It is posted on bloomberg less than 1h ago.
http://www.bloomberg.com/news/2010-09-07/yen-rally-gets-no-relief-as-traders-bet-on-bernanke-easing.html

Regarding Q.E. from the FED

Currencies of economies reliant on commodities are also likely to benefit from quantitative easing as the extra supply of money supports inflation

The Barclays study examined currency movements around Fed decisions as a means of assessing the likely reaction to quantitative easing. They found that the yen and franc tended to outperform before and after the decisions

Canadas dollar would be the biggest winner this time because of its proximity to the U.S.


b,

Ashraf Laidi
London, UK
Posts: 0
14 years ago
Sep 3, 2010 13:06
Seif fudnamentally thats good idea. so i do see new lows under 1.55 but mind you this is a very volatile pair.

Ashraf