EUR/USD/Flows and Orders

EUR/USD: Plenty of selling interest above 1.3120

I’m hearing names like the BIS being mentioned so it looks like the EUR/USD might be trying to form some sort of top near 1.3120, pre-ECB at least.

  1. Hi, Sean,

    Any particular info for CHF?

    There are stories saying SNB buying while some big punters buying huge volume of put , strike below 1.20

  2. I think that’s probably protection against their spot positions as I’ve heard some big HFs are ploughing into EUR/CHF longs once again. The CHF won’t really weaken until the big safe-haven asset plays start to unwind so either the US and EUR starts to improve significantly or somethg happens to unnerve CHF investors

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