Featured \Nick Nasad \ 6:02 PM EST \ December 18th, 2009
The greenback hit a 3-month high against the Euro, and a 6-week high against the Yen as the momentum behind dollar strength continued. The EUR/CHF pair broke below the 1.50 area on geopolitical news, and showed that the SNB was ok with the Franc appreciating past that level.
alaidi: Pretty much replicated $EURUSD shorts on Thurs nite as on Tue; results were the same, peaks at 1.32 back to hit 13080s targets #forex 7 hours ago from TweetDeck
kathylienfx: Co-chairs of Greek Creditors Committee flying into Athens this w/e - either tough decisions need to be made or a deal is ready to be closed 20 hours ago from web
JohnKicklighter: ...great quote from Sebastien Galy at Soc Gen in that article, “The SNB’s hand is being forced and it will likely be fairly brutal.” 20 hours ago from TweetDeck
JohnKicklighter: According to a good FT article on SNB political pressure for solid intervention, the options market is pricing in a 30% chance of 1.20 break 20 hours ago from TweetDeck
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Daily Video Recap: Greenback Ends the Week On Strength, EUR/CHF Slides Below 1.50
Featured \ Nick Nasad \ 6:02 PM EST \ December 18th, 2009The greenback hit a 3-month high against the Euro, and a 6-week high against the Yen as the momentum behind dollar strength continued. The EUR/CHF pair broke below the 1.50 area on geopolitical news, and showed that the SNB was ok with the Franc appreciating past that level.
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