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Why CADCHF ?

by Ashraf Laidi

Feb 6, 2009 12:31

Why CADCHF ? - CADCHF Feb 6 (Chart 1)

CADCHF downside seen as the preferred bearish strategy ... after Canada's record 129K decline in jobs and rise in unemp rate to 7.2% from 6.6% knocks CAD across the board. CHF is most likely to see a bounce against CAD after faring as one of the worst performers over past 2 days amid 10 currencies. Relief CHF bounce seen most likely vs CAD, dragging CAD down to 0.92 and 0.9075. CMC Markets offers CADCHF as a trading pair. Alternative is to buy USDCAD and sell USDCHF.

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Jan 29, 2025 20:28 | by Ashraf Laidi
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Jan 28, 2025 18:12 | by Ashraf Laidi
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twitter.com/alaidi

Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R (2 years ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7 (2 years ago)
The last time both #DXY and #XAUUSD fell by more than 2% this this rocketed higher... https://t.co/ekcYnGzWae… https://t.co/J0fe60fPCK (2 years ago)
The last time both #DXY and #XAUUSD fell by more than 2% this rocketed higher... https://t.co/ekcYnGzWae #forex… https://t.co/8mmAFLfXhI (2 years ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo (2 years ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟ موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق https://t.co/Y7tD0RxCS2 @XM_COM (2 years ago)
Moving the goalposts? Trend vs Trendline: Gold, DXY, Yields https://t.co/htxZzKjl7U #forex #XAUUSD $GLD $TNX https://t.co/NE7mSpN2wq (2 years ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (2 years ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (2 years ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW (2 years ago)

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