Euro/Swiss Franc Positions at Record; Traders Bet on SNB Intervention
Tuesday, January 31st, 2012 Posted in Market Comments | Comments OffRetail traders have literally never been more net-long the Euro against the Swiss Franc, underlining that most are aggressively speculating on Swiss National Bank intervention as the EURCHF approaches SFr 1.20. What’s next?
Euro/Swiss Franc Positions at Record; Traders Bet on SNB Intervention
Tuesday, January 31st, 2012 Posted in Market Comments | Comments OffRetail traders have literally never been more net-long the Euro against the Swiss Franc, underlining that most are aggressively speculating on Swiss National Bank intervention as the EURCHF approaches SFr 1.20. What’s next?
Euro/Swiss Franc Positions at Record; Traders Bet on SNB Intervention
Tuesday, January 31st, 2012 Posted in Market Comments | Comments OffRetail traders have literally never been more net-long the Euro against the Swiss Franc, underlining that most are aggressively speculating on Swiss National Bank intervention as the EURCHF approaches SFr 1.20. What’s next?
Risk Appetite Reverses in Early US Trade- Euro Heavy as USD Advances
Tuesday, January 31st, 2012 Posted in Market Comments | Comments OffWeaker than expected US economic data prompted a reversal to the overnight rally in risk with the greenback going back on offense in early US trade. Here are the key levels to watch on the EURUSD and the NZDUSD.