Another Rollercoaster of a day 08.02.2018
Compared to last night’s close CHF gained the most with 0.6%,close second is the JPY ,especially on the crosses side.and …CNH lost out , weakening 0.7% to the USD.
Ok I give it to you, CNH is probably not in everyone’s spectrum of actively traded currencies but it’s funnier than saying AUD , which only lost 0.3% as we stand at the end of the European session.
Interesting little oversight of today’s moves after yet another rollercoaster day . EURUSD didn’t move folks ….
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yap… eurchf is really the loser of the day! Interesting to see the reaction of SNB tomorrow.
1.1375 is the red line as I can see or i would assume rather . Below there the market may think they’re gone ( and then come back ??). And it’s Friday ….
I don’t think they are too far 😉 and the swiss german is always working on friday hehehe! Let’s see! Not acting now would cost more money.
For sure, if we get an early morning shake out, maybe we get some “cheap” (?) ones, like close to 1.1400, 1.1375 being my next line in the sand
I bought at 1.1450 and added more at 1.1480. Now there are free trades but I admit that I have one more at 1.1520…. After the 50b benefits, right now, the results of snb are a mess with the decline of usd and eur. We have seen no change in the amount in chf but it’s because they are being buying a lot since the beginning of the year but not enough (still?) to fight the market, aren’t they?
Nice trades Stéphane . it is stil a matter of time before we go back up I agree. Once the equity and risk sell off will be done ,it’ll be business as usual and with them guiding it back up. The market was just that bit bigger than them this week but it’s coming back already now. Enjoy