Over the long-term, currency valuations are driven by differential inflation resulting in PPP shifts. This is a big reason why the yen has been gaining versus the dollar over the last 2 decades despite Japan having a lower interest over the last 2 ...

EURUSD

A lot of the future inflation is already priced into the dollar. Hence why we're trading 15% above price purchasing power parity in Euro-Dollar.

EURUSD

Inverted HS on M1. Target: 1.6. Okay okay, i'm kidding. Things do seem a little oversold here, need to wait on FOMC, pretty critical area over here.

EURUSD

Swiss are far more concerned with euro market than dollar markets. Their monetary policy clearly states to prevent excessive appreciation of the swiss franc versus the euro.

EUR/CHF

lol. battering ground.

AUD/USD

Yes, it would be good to see EUR/CHF drop faster. Then the SNB is much more likely to intervene. If we just stick in a 1.47-1.48 range or something, I highly doubt they'll intervene. That's what I'm kinda afraid of, this thing ranging out within ...

EUR/CHF

I don't think we'll see the SNB intervene to bring EURCHF up 700 pips. The fact of the matter is that a ton more people are bid EURCHF now then back then with expectations of SNB internvention. But yea, I'm targeting above 1.50 soon as intervention ...

EUR/CHF

Central banks have an infinite amount of money to intervene. So far they've spent over $40B intervening. I'm paying close attention to 1.4650. I'm pretty sure we'll see an intervention to prevent this pair from going below 1.46 region.

EUR/CHF

Hello. Generally GBP/USD is inverse to the Dollar Index.

Cable Update (GBPUSD)

Eh. Not necessarily. EUR/AUD seems really oversold. Could have a bounce. Not to mention, there is a ton of AUD long positions in the market. Eventually they'll have to be closed.

AUD/USD

Whaa, only 5 pips swap. Bah, my broker pays now like .25 pips swap a day on EUR/CHF, but I don't get any since I'm swap free. Other brokers pay close to 1 pip. I just don't think using swap is worth it for trading. Reason being, usually the negative ...

EUR/CHF

That's not a bounce of support. SNB intervened in that one very bullish week in the 1.47-1.48 region. If only the SNB would intervene like that now...

EUR/CHF

haha not a penny. I trade on a swap free account. @_@

EUR/CHF

...

EUR/CHF

Yea it's pretty good to see the new SNB chairman's first public announcement has to do with preventing the rise in CHF. Cause that dude has a lot of stuff he likes to talk about, like leverage and regulation and all that crap in swiss financial ...

EUR/CHF

Yea guys I think market is still intent on testing SNB's nerve before we go up. We need a real good intervention to take this up. Swiss retail sales data was pretty bad.

EUR/CHF

Not really. The SNB is mainly focused on the EUR/CHF cross due to the fact that it has more of an impact on export earnings and inflation than the USD/CHF cross. Beyond that, the SNB Monetary policy clearly states that they are intent on preventing ...

EUR/CHF

yea dude, it blows. in $400K drawdown here. oh well. i'm holding till 1.50+ and nowhere before. I've been waiting everyday since the 18th on SNB intervention. Good move making money on the short-side. Anywho, I've learned my lesson and am never ever ...

EUR/CHF

Nice position. Watch out for SNB! Really got some guts shorting at these levels.

EUR/CHF

Considering that December CPI readings were absolute crap(and much of this was probably due to the higher franc), I highly doubt we'll see Euro-swiss much lower. Looking at the charts from a technical point of view, yes, 1.43 is in cards. But the ...

EUR/CHF