No way in hell will we see 2.0 or 2.5. Sterling, euro, aussie are all going to crash if China were to have a burst.

Cable Update (GBPUSD)

I wouldn't advise on shorting this pair at 1.48 or 1.49. SNB is likely to intervene soon. Market is just testing SNB's resolve. Interest rate outlook for Switzerland is still very low and they are likely to lag behind the ECB is rate hiking. I'm ...

EUR/CHF

You can also interpret that as maybe stocks are undervalued.

EURUSD

Yes, from a technical point of view EURCHF is in a downtrend. But the reason it has built a base at 1.5000 and recently 1.5100 is due to SNB intervention to prop up EURCHF to lower deflationary pressure in Switzerland. Sorry if my previous post ...

EURUSD

Shorting EURCHF below 1.51(especially at 1.5030) under current conditions is the worst trading idea ever. SNB is very very likely to intervene at 1.5000. Notice what EURCHF has been doing every time it hit 1.5000 after their first intervention in ...

EURUSD