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- mikeytag commented Feb 18, 2015
"will continue with QQE as long as necessary to achieve 2% price stability" Dovish in my humble opinion.
- mikeytag commented Feb 17, 2015
Traders could be waiting on the tentative press conference.
- mikeytag commented Feb 17, 2015
Looks dovish to me.
- mikeytag commented Feb 2, 2015
Well what do you know? Barclays called it.
- mikeytag commented Jan 15, 2015
Lol. This is from the release: "The minimum exchange rate was introduced during a period of exceptional overvaluation of the Swiss franc and an extremely high level of uncertainty on the financial markets. This exceptional and temporary measure ...
- mikeytag commented Jan 15, 2015
You're not kidding. I would imagine some brokers could go bust if they had more long CHF traders than short.
- mikeytag commented Jan 15, 2015
The big news is that the Swiss Central Bank will no longer have a floor where 1 euro is worth 1.20 francs. The rate is secondary and the moves would have been even bigger to the upside for CHF if they had kept the -0.25 rate or raised it.
- mikeytag commented Jan 15, 2015
Something tells me Soros did well today. Isn't a situation like this where he made billions? The British we're pegging the pound to Germany's deutschemark and were essentially forced to free it?
- mikeytag commented Jan 15, 2015
I can confirm that Oanda has locked all CHF pairs. Wow, this is quite a ride.
- mikeytag commented Dec 29, 2014
This was a really well written article. Intriguing analysis. TL;DR Saudi Arabia, as the world's #1 oil producer, has always been the swing country to lower production when OPEC wants to. However, in the past other countries would "cheat" and not ...
- mikeytag commented Dec 16, 2014
Looks like we had a bit of short term weakness followed by a rally. I was watching GBPJPY in particular. Its hard to say what should happen because I don't believe they have ever done one of these before.
- mikeytag commented Dec 16, 2014
TL;DR 3 banks failed - Co-operative Bank, Lloyds Banking Group and Royal Bank of Scotland Source: url
- mikeytag commented Dec 16, 2014
TL;DR 3 banks failed - Co-operative Bank, Lloyds Banking Group and Royal Bank of Scotland
- mikeytag commented Dec 9, 2014
*Eyeing Be careful catching a falling knife with USD/JPY. My analysis shows that pair continuing to go lower, but we'll have to wait and see.
- mikeytag commented Jul 23, 2014
Trade Balance numbers are out and beat forecast by a far margin: 247M actual - 155M forecast. Let the whipsaw begin!
- Posts by Member Search: 'mikeytag'