Not concerned about ECB increasing their QE? Being long EUR in a risk off environment isn't a terrible idea, but the fact they are easing might...
My only point is this wasn't a complete suprised that they would pull the floor. But you also can't say that a national bank was selling eur when...
Same guy was saying SNB was selling EURCHF
http://www.snb.ch/en/iabout/assets/id/assets_reserves
Sends a big signal about next week's ECB QE, bazooka time.
Exactly what I was saying.. is this really a surprise??? SNB has been one of the biggest buyers of EUR to defend it and with QE around the corner...
Well, its a commodity currency so its not much of a surprise.. CAD is correlated on energy prices for their economy, so a fall in Oil isn't a good...
You would have a better chance waiting for a fundamental change in a currency. Something like a rate hike/cut/QE ect.. BOJ is probably still the...
Luckily for us you are just some joe blow that has a hard time comprending basic economic situations and the biggest decision you ever have to...
Because that would make sense for then to do....
This entire thread has been me pointing out the fact that I was suprised the proximity to the floor is so close. I never stated to be long or...
That was the most basic and dumbed down version I could find thus I thought it could help you.. what's a selling intervention?
Before you make more of a fool of yourself take a min (maybe an hour in your case since you are so dense) and read this basic summary.....
It's clear you do not understand any of this. Had it passed they might not have been able to hold the 1.20 floor..
http://www.forexlive.com/blog/2014/11/30/swiss-gold-referendum-vote-fails/ Failed to pass...
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