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insider- replied Nov 11, 2014url can't find anything concerning the 1.1999, but i remember they had a comment about it
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insider- replied Nov 10, 2014There are large bids at 1.2020. dealers are speculating it might be the SNB (article from Reuters)
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insider- replied Nov 10, 2014And they want to keep it that way. The thing is that they want a foreigner to afford to buy the 45 ch steaks and order Fries aside that's why they want a lower exchange rate
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insider- replied Nov 10, 2014Razor, the SNB has a massive bid on 1.2. So the market will have to fill all the SNB bid to break that price level. It's the level 2 basic classical concept. Forget the platforms lots and their fake spikes and dips When I see on my bloomberg screen ...
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insider- replied Nov 10, 2014For sure retail have stops, and I think hedge funds have buy limits
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insider- replied Nov 10, 2014The EC went once to 1.1999 and the SNB issued a statement about it. And then they opened an office in Singapore specifically for the Asian session so such move won't happen again at any time . They have been repeating that they will defend the floor ...
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insider- replied Nov 10, 2014nothing will be crushed, i wish we can see their bid on 1.2000 on market depth but we cannot, it will be in tens of billions probably. and if the pressure intensifies they will introduce negative rates, i hope they do it so Xmas will come early this ...
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insider- replied Nov 10, 2014everyone is still holding longs and hoping for a rise. nothing changed
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insider- replied Nov 7, 2014I'm not expert on options because I never used them. But there are EC options on the EUREX, also the European type of fx options can only be exercised at maturity it could be a factor that drove the pair down.
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insider- replied Nov 7, 2014Only hedge funds are able to take it this far and they are the ones writing and selling the calls. I don't think they are aiming to make just few points out of the pair but they will make much more if the calls they sold expire without exercise. But ...
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insider- replied Nov 7, 2014I think today's move is related to the FX options that will expire today. They are going to burn all those calls
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insider- replied Nov 6, 20142 out of 6 of his products are related to gold so for sure he wants the gold to go up. Just another bullshitter
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insider- replied Oct 30, 2014they have to save the exporters and keep them in business and save jobs. For sure the buying pressure will be huge but as I said it's their word that they will defend the cap not mine.
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