Comments on: So why won’t the CHF re-align just like JPY and AUD https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/ The Professional Source Thu, 06 Jun 2013 09:29:37 +0000 hourly 1 By: Cozmin https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/#comment-21954 Thu, 06 Jun 2013 09:29:37 +0000 http://381c099c8f.nxcli.net/?p=8310#comment-21954 yes mike, and watch out me, just put a buy order at 1.1, ya, follow me! for sure u will win!

]]>
By: Schubes https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/#comment-21951 Thu, 06 Jun 2013 09:17:11 +0000 http://381c099c8f.nxcli.net/?p=8310#comment-21951 Correlation with Yen and share indicies is a theory I keep hearing thrown around. Shares are falling (most significantly Japanese indicies), so pulling down yen pairs, and Swissy pairs just go along for the ride. Another I heard (I think from Kyle) was that a sustained drop in the S&P would lead to a reversal of many other currency trends, even if it unwinds some dollar positive trends against ordinarily risk-correlated currencies. From memory, he thought the risk-on/risk-off mantra would eventually return, but not until after a general shake-out. so any trend in progress if/when shares dive is at risk of unwinding, irrespective of prevailing direction.

]]>
By: mike https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/#comment-21937 Thu, 06 Jun 2013 08:14:38 +0000 http://381c099c8f.nxcli.net/?p=8310#comment-21937 If I am lot mistaken, last month, heard a huge huge EUR/CHF put purchase, below 1.2000. Maybe this guy know what he is doing. Someone said the up coming German election may cast further pressure to Southern Europe countries.

]]>
By: Sean Lee https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/#comment-21936 Thu, 06 Jun 2013 08:14:25 +0000 http://381c099c8f.nxcli.net/?p=8310#comment-21936 I tend to think just positional adjustment and disappointment at underperformance. Though some extremely clever traders sold out at .9710 🙂

]]>
By: Lio https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/#comment-21935 Thu, 06 Jun 2013 08:13:52 +0000 http://381c099c8f.nxcli.net/?p=8310#comment-21935 Also would like to know why … Currently long at 2500 (long term trade) but … strange.
2300 will probably be taken today, will probably add a bit.
Still bullish bias on the long term.

]]>
By: Milan https://fxww.com/so-why-wont-the-chf-re-align-just-like-jpy-and-aud/#comment-21930 Thu, 06 Jun 2013 08:01:18 +0000 http://381c099c8f.nxcli.net/?p=8310#comment-21930 I’ve seen here and there some flow info Swiss funds are getting out of USD/CHF longs and again this morning (probably causing that quick sub-9400 drop).

Now, the question is what do those Swiss funds know that we don’t? 😛

Or just position adjustments ahead of NFP data?

]]>