Thursday 6 October 2011

Another day of SNB intervention - Oct 6th 2011


Well, today more intervention on behalf of the SNB, imo.

See this post also:

http://eurusd-fx.blogspot.com/2011/10/eurchf-snb-intervention-ahead-of-news.html

No news from SNB itself, but with the number of people involved in decision to intervene and or fix price level, the market probably gets wind before...

On Oct 4th it was a survey of CFOs that sparked buying: Most ever CFOs were negative on the economy.

Today Oct 6th numbers showed the hotels are seeing less and less foreign tourists, most likely due to strong swiss franc. A drop of between 6-10% was reported yoy.


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3 comments:

  1. Matthew5sixteen29 October 2011 at 19:23

    Hello,

    I used to trade spot forex. But am now thinking of going into trading forex options/warrants. Would you happen to know any blogs/sites that can help me to learn more about trading forex options/warrants?

    ReplyDelete
  2. Tamas7 December 2011 at 11:17

    én várom
    I wait for it 1,30

    ReplyDelete
  3. Gann Trader16 December 2011 at 21:39

    Ejoyed reading your blog, check out my eur/usd forecast at my blogspot http://1618analytics.blogspot.com/2011/12/eurusd-rebound.html

    ReplyDelete

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