Finally had some time on Friday to trade in my normal fashion. I mean more transactions, normal position size etc. Turned out to be very interesting day, no matter what currency one focused on. We had Swiss Franc finally making a move against Euro, with biggest range day in some time and British Pound either found […]

Swiss National Bank has its regularly scheduled monetary policy meeting tomorrow. No interest rate changes are expected, but everybody is interested in possible easing on intervention threats. Economic numbers from Switzerland are much better than EU. Recession was much milder, and so far economy seems to be recovering faster than in Eurozone. Rumors fly that […]

After couple of good days late last week, Pound opened this one on a down note. Fairly strong one at that. Trouble started to brew right from the start, when many of GBP pairs opened down, with gaps. Those gaps were very small, not really tradable by themselves, as far as I’m concerned, but their […]