JohnKicklighter
Long

USDCHF Takes its Cues from EURUSD

FX_IDC:USDCHF   U.S. Dollar/Swiss Franc
148 2 8
While the SNB has abandoned the floor on EURCHF             , it hasn't given up on its efforts to remain in step with ECB monetary policy . They can't afford to. In the drive to accommodation in the Eurozone, there is a lag from Switzerland and potentially a capital inflow that can drive the Franc higher. With the ECB contemplating a QE upgrade in December, the SNB may be forced to up the ante and subsequently drive USDCHF             beyond parity.
Yes sir, will be a terrific trade.
Reply
Same view, brilliant.

Tom
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out