[ARCHIVE] FOREX - Trends, Forecasts and Consequences (Episode 14: April 2012) - page 19

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...this site is fine to watch in opera...there is a page refresh setting...you set the parameter in minutes...no need to press refresh button...
Maxton has it too (all versions, I think)...
So you buy the dollar against the franc ... and paired with the euro you sell ..... well this is normal .... BETTER ....
It turns out the deal on EUR/CHF and now we need to analyze this instrument
The Swiss franc tested the EUR/Franc exchange rate at 1.2000 for the first time since the Swiss National Bank set the lower threshold in September. The reason was the demand for safe-haven assets on the worsening debt market in Europe. Government bonds of Spain, as well as those of France, are losing value as investors flee. The yield spread between German and French 10-year bonds rose 7 basis points to 123 bps and reached a 2-month high. A spokesman for the Swiss National Bank, Walter Mayer, declined to comment on the situation surrounding its national currency by telephone today. However, yesterday the Tribune de Geneve quoted SNB board member Jean-Pierre Dantin as reiterating that the franc is overvalued. Hans-Günter Redeker, head of currency strategy at Morgan Stanley in London, believes that the limit level in the euro/franc could be breached for some time. He thinks that the Swiss central bank will have to intervene in the near future, but whether it will be able to defend the designated level remains to be seen. Source: Forexpf
EURCHF has its own movement, independent of EURUSD
here at 4 o'clock
buying the yen most, but also the DOLLAR, the Canadian and the Aussie ..... and our expensive franc and the euras are selling heavily ... and the pound too ... what without it .... he is also closer to Europe .... here
A deal on EUR/CHF remains to do analysis on this instrument
here at 4 o'clock
buying most of the yen, but also the DOLLAR, the Canadian and the Aussie ..... and our expensive franc and the euras are selling heavily ... and the pound too ... what without it .... he is also closer to Europe .... here
You have it backwards - the dollar goes up in value of the euro, the franc goes down
It seems to be the other way round - the dollar goes up in value of the euro, the franc goes down