Intraday Market Thoughts
Archived IMT (2008.10.22)
by
Oct 22, 2008 10:33
CHF atempts to join JPY as a safe haven low yielder, dragging USD over the last 4 hours from 1.1690 (USDCHF) to 1.16. One reason CHF has not fulfilled its role of rallying during recent bouts of rising risk aversion is fears about Switzerland's overall exposure to Continental Europe's banking crisis/recession. Note how EURCHF slumped to 5-year lows of 1.4830, reflecting Franc strength before rebounding in last 6 hours to 1.5040. USDCHF seen attempting 1.1950-1.20 over next 2 weeks.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14