Comments on: SNB does it again.

By: Is SNB done with interventions? | fxmadness.com

Is SNB done with interventions? | fxmadness.com — Sun, 25 Oct 2009 13:16:47 +0000

[...] better part of this year I have been writing, among other things, about Swiss National Bank intervening in the currency markets. Among the many central banks that talked and threatened with [...]

By: Intervention or not? | fxmadness.com

Intervention or not? | fxmadness.com — Wed, 30 Sep 2009 16:37:50 +0000

[...] one is relatively believable because it involved the Swiss Franc. For better part of this year, Swiss National Bank has been warning about and threatening with intervention. As far as we know, they delivered on [...]

By: Return of GBP-CHF. | fxmadness.com

Return of GBP-CHF. | fxmadness.com — Sun, 23 Aug 2009 13:58:39 +0000

[...] would satisfy me. After that market will have to dictate what to do next. Sentiment is that Swiss National Bank will intervene again, but I never count on it. If they do it and my trade is on the right side, [...]

By: Deflation in Japan. | fxmadness.com

Deflation in Japan. | fxmadness.com — Fri, 26 Jun 2009 17:02:20 +0000

[...] is well below important 100 level. I wouldn’t be at all surprised if BoJ follows example of Swiss National Bank, which is not shy about trying to weaken the Franc. Helping national economy is their motivation. [...]

By: FED chairman grilled. | fxmadness.com

FED chairman grilled. | fxmadness.com — Thu, 25 Jun 2009 17:40:42 +0000

[...] target- 1.8500. I can only hope it will be reached before my vacation. Yesterday I waited for FED rate announcement before getting into any more trades. No major surprises from the statement, no major moves following [...]

By: admin

admin — Thu, 25 Jun 2009 04:38:17 +0000

GR, it is almost impossible to predict when central bank will act again. You can not count on them to move the market for you. For what we know they may sell more Franc tomorrow, or 3 months from now. Or not at all.

By: admin

admin — Thu, 25 Jun 2009 04:34:39 +0000

Stan, in my view FED announced nothing new, hence no moves.

By: G.R.

G.R. — Thu, 25 Jun 2009 04:18:48 +0000

Swiss National Bank is acting more and nore often. We should expect another intervention soon.

By: Stan

Stan — Thu, 25 Jun 2009 04:17:09 +0000

You made a good move getting out of Yen pairs before the ennouncement. But the news didn’t cause much move. Wonder why?

By: Andy

Andy — Wed, 24 Jun 2009 19:31:49 +0000

Well, this intervention was something else. It made for about 600 pips daily range in gbpchf. Some day!