Comments on: EUR/CHF: Surely must start to rise soon https://fxww.com/eurchf-surely-must-start-to-rise-soon/ The Professional Source Tue, 23 Apr 2013 13:32:12 +0000 hourly 1 By: bhavesh https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-20105 Tue, 23 Apr 2013 13:32:12 +0000 http://fxww.dreamhosters.com/?p=7102#comment-20105 tgt 1.2370 or more ???

]]> By: Sean Lee https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19858 Wed, 17 Apr 2013 08:05:51 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19858 Nothing horrible about that move, it was a thing of rare beauty, a quick profit

]]> By: bhavesh https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19857 Wed, 17 Apr 2013 07:59:22 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19857 Can anyone comment on the horrible move on Eur/Chf between 10 jan to 17 jan this year …?

]]> By: AJ https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19856 Wed, 17 Apr 2013 07:37:00 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19856 Ha. Sounds good, Sean. 🙂

]]> By: Sean Lee https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19853 Wed, 17 Apr 2013 07:30:03 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19853 Hope your vision comes true AJ, the drinks complete with cocktail umbrellas will be on me 🙂

]]> By: AJ https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19849 Wed, 17 Apr 2013 07:00:26 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19849 20 big figures later and Abe continues to say today that the yen is in the midst of correcting from being overly strong. I can see the future headline now ….Jordan – ” the franc is correcting from being excessively strong.” 20 big figs later. 🙂

]]> By: AJ https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19848 Wed, 17 Apr 2013 06:55:34 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19848 Thank you very much for the perspective, Sean. Yeah, what I meant when I said real money flows was meant to be safe haven flows leaving Europe for Switzerland. So thanks for hitting on what I was trying to say and ask. I assume when a “search for yield” environment nears and more people realize Europe and the world aren’t coming to an end that all those safe haven flows will head back to Europe and the higher periphery bond yields and such rather than earning nothing (or possibly negative rates) in a Swiss bank account.
I’m thinking when the headlines coming out of Europe are better than they have been lately (like they were back in January) will that possibly jar those haven flows back to Europe and lead to significant EUR/CHF appreciation.

]]> By: Mike https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19841 Wed, 17 Apr 2013 06:20:03 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19841 In reply to AJ.

> because SNB is selling vol

]]> By: Mike https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19839 Wed, 17 Apr 2013 06:19:07 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19839 In reply to AJ.

> because SNB is selling vol.

]]> By: Sean Lee https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19838 Wed, 17 Apr 2013 06:17:50 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19838 AJ, its unlikely that any big real money flows are still flowing into the CHF but what is still happening is the flight of cash out of peripheral Europe and into Swiss accounts. This is a very underground market so hard to guess as to how big it is. Prehaps that’s enough to offset all the EUR buying? Nevertheless, I still am convinced that something will happen soon to drive the safe-haven buyers out of CHF; the exit doors are always much narrower than the entry doors

]]> By: Cozmin https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19833 Wed, 17 Apr 2013 05:47:33 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19833 Very good hour post AJ, congrats. Maybe Sean do you have some info related to real money volumes, could be the key? If there are guys who really buy eurchf, could be other guys who sell it, perhaps in much higher volumes?

]]> By: Nachiket https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19821 Wed, 17 Apr 2013 02:56:15 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19821 You are a great CHF trader. probably the best I have seen so far. couple of loses does not make a big difference to you. your wins this year are fantastic

]]> By: AJ https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19820 Wed, 17 Apr 2013 02:54:11 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19820 Thanks Sean. I appreciate it. Enjoy your lunch.

]]> By: Sean Lee https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19818 Wed, 17 Apr 2013 02:44:39 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19818 I will reply in more detail bit later AJ just out to lunch

]]> By: Sean Lee https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19815 Wed, 17 Apr 2013 02:07:44 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19815 Wish I had a good explanation AJ

]]> By: AJ https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19813 Wed, 17 Apr 2013 01:39:23 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19813 Hi Sean,

I am curious about something and can’t seem to find or come up with a reasonable explanation….

Why is the euro and the swiss franc so intertwined at the moment in their exchange rates? I mean, I know the 1.20 floor is in place which limits its movement on the downside as it gets closer to the floor….but on days like yesterday with a strong euro rally across the board, EUR/CHF barely moved. And we saw this much of last year as well when it was tied down closer to 1.20 for many months. On strong EUR days, EUR/CHF went nowhere…literally.

But what keeps CHF from breaking free from EUR on strong trending days like yesterday? I mean…euro is strong, are there just so many traders out there who believe in the inverse correlation and think…”oh, EUR is strong, I’ll buy CHF (sell USD/CHF)”…and USD/CHF tanks…leaving EUR/CHF unchanged? So it becomes sort of a self-fulfilling prophecy?

I am just trying to figure out why the EUR can be up strongly…….and CHF would rise right along with it….and smae thing when EUR is weak…CHF is weak right along with it. Why? Maybe there is just so much European real money wanting to buy CHF and selling into any EUR strong days?

I know Europe and Switzerland are close in proximity to each other, so perhaps the worldview is as one goes, so goes the other…still, you’d think there would be at least a bit more movement….

I’d very much like to understand the dynamic between these two currencies. Any light you can shed on it would be greatly appreciated.

]]> By: Sean Lee https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19808 Tue, 16 Apr 2013 23:09:39 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19808 email on way Matthew, let me know if it doesn’t arrive

]]> By: MatthewC https://fxww.com/eurchf-surely-must-start-to-rise-soon/#comment-19807 Tue, 16 Apr 2013 22:53:47 +0000 http://fxww.dreamhosters.com/?p=7102#comment-19807 Morning Sean. Great call on EUR/AUD. The double bottom has played out really well.

The chf vs gold divergence is getting larger and chf will have to give way hopefully by the end of the week. Would it be possible for you to email me the password for the members section?

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