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Archived IMT (2010.06.30)

by Ashraf Laidi
Jun 30, 2010 19:45

THOSE WHO ARE NEW TO ASHRAFLAIDI.com, and came across my World Cup updates, relax. I am back from the World Cup and so are market-related updates. You can relate the prior IMT (Intraday Market Thought) on Swiss Francs stellar performance in June to my June 11 article, where I suggested HEDING EURUSD SHORTS with SHORTING USDCHF. Since June 11, USDCHF has fallen more than 800 pips, thereby helping to produce the francs outperformance for the month. See bottom paragraph in this link about Hedging SWISS KNIFE. http://bit.ly/cS7IhC

 
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