Tag Archives: Central Bank
EUR/CHF
Obviously last night the Swiss screwed the most amount of traders it could. Let’s take a step back and see what this cross really has to do to change course. 122 is unchanged on the qtr.( last night’s high). Big … Continue reading
A.M. Look 3/30/11
Will wonders never cease? Once every decade the Central Bankers have someone on staff that can actually read a chart. I am speaking of the 1985 Plaza Accord, the 1998 Fed Intervention in USD/JPY that took it from 132 to 111 … Continue reading