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Is the CHF still a safe haven currency?
Started May 9, 2019|Recycle Bin|8 replies
Just wondering, seems to me that CHF no longer behaves like a safe haven currency; or at least ...
Not good data..I entered CJ longs, hopefully CAD will recover..
Good luck, hope Canada comes out with bullish data.
GU made a new low while EU is still above 1.1180..EU bears must be pulling out their hairs...including me..![]()
Of course....I still believe EURO pairs are dued for a sell-off...just not sure when the price will start moving..
AUD kinda weak, not sure if your buy zones can be triggered.
But it is a fact that whenever bad news are released, the USD and JPY strengthens.
Why not go long on EU instead; the Euro has been looking stronger than GBP (EU bounced off 1.1180 again) and will be less affected by Brexit. Just an alternate thought.
Wait, isn't USD and JPY considered to be safe haven currencies? Traditionally, CHF as well, but I think of recent it somewhat doesn't behave so? The SNB has consistently made it clear that they do not want the franc to be too strong. Sorry, I know ...
Yes, not looking good for Euro bears...across the board, not just EUR/USD...
Time for a strong USD and JPY? Gold to fly?
Just wondering, seems to me that CHF no longer behaves like a safe haven currency; or at least ...
Rocket Man pushed this down...to 1.1180 again...if we bounce here again, it would be absurd.
So North Korea has fired and GU bears are attacking to bring it under 1.3000; question is, can they keep it under.
I've been expecting a huge dump on the Euro since Monday, lol.