Well a yuan revaluation is mostly priced into the market it seems. But it is also a form of monetary tightening out of China. I would expect it to be neutral to slightly negative to risk appetite.

AUD/USD

Well one of the main reasons this pair has been dropping is speculation the SNB will tighten before the ECB. Personally, I doubt that'll happen. 1.4410 is very strong resistance. Also, retail traders are still long like crazy on this pair. The SNB ...

EUR/CHF

Got this off UBS: EURCHF: SNB stops CHF rise (April 6, 2010, 5:10 PM) After EURCHF reached a new all-time low at 1.4144 last Thursday, the SNB stepped in and pushed EURCHF above 1.43. According to market information, the SNB is constantly present in ...

EUR/CHF

The coming week is going to be really interesting. Looking back over last week's PA. I'm amazed that New York traders didn't put more pressure on euro/swiss after the intervention. We may have reached a bottom on this pair. And definitely the PA is ...

EUR/CHF

Well an intervention under thin liquidity would scare the market much more in my opinion. But yea, the SNB would get worse fills on their euro bids. Traders would think twice about shorting euro/swiss knowing that the SNB may intervene in times of ...

EUR/CHF

Well, as has been the case for all the interventions since summer, most of it is quickly retraced on EURCHF within the coming days. I'm short expecting 1.4210. Yes, the downward trend in EURCHF will stop, but the SNB won't stop it. I shorted on the ...

EUR/CHF

lucky guys. i got 1.4370 on sell. closed off +50. still have a tiny short i entered at this level aiming for 1.4210.

EUR/CHF

Maybe unwinding of EUR shorts at end of quarter?

EURUSD

Maybe the pair has finally reached equilibrium. Considering covering from 1.46 region. Just still waiting.

EUR/CHF

Oanda's positioning is nowhere close to the market. In fact, if anything, it's probably opposite to how the market is positioned.

EUR/CHF

Where'd you get that 82% of the market is long?

EUR/CHF

" CHF: Swiss banks stopped balance sheet reduction (March 22, 2010, 4:37 PM) Swiss banks stopped reducing their non CHF foreign assets. In January 2010, Swiss banks slightly increased their foreign assets by 7 billon franc. The aggressive balance ...

EUR/CHF

I see this pair as really oversold.

EUR/CHF

I kind of expected a more spectacular break of 1.4300. oh well.

EUR/CHF

Well of the main issues with the swiss franc is that none of the major currencies have a major yield advantage over it(USD, GBP, EUR). Right now, futures are expecting USD > EUR > CHF > GBP in terms of rate hikes over the next year. If we could see ...

EUR/CHF

Hmm, I still see the ECB hiking more aggressively and/or earlier than the SNB. Defending 1.43 till they get ready to hike rates means we can be down here for months. @_@. But yea dude, this pair is just mega mega oversold. Daily RSI(14) is at 10. @_@ ...

EUR/CHF

Yea, I'm getting the feeling that 1.43 is what the market wants to test. Options barrier at 1.4350 now. I'm thinking most likely we won't see below 1.43, but eh, earlier I really doubted we'd see below 1.45. So... @_@.

EUR/CHF

I really feel like unloading my hedged shorts here. @_@. ugh, never should have traded this pair.

EUR/CHF

I'm amazed we have been seeing a lot of the selling pressure come in during London session.

EUR/CHF

Beware guys. Longs are being washed out. SNB can buy Euro's on the cheap. Intervention from these levels are going to be much more effective.

EUR/CHF