To be honest, I don’t like the development of the USD today. It feels like the damage caused (either by the insecurity or the 10% remaining tarifs) was bigger than I anticipated yesterday. To be honest, I have a strange feeling that we will be back in a negative scenario faster than originally anticipated. Its not yet over, my friends… It will be interesting to see how the Treasury Bond Yields will react this afternoon; I fear no good latest by about tomorrow already.
As long as China and US trade is tariffed this much. We will be in the shitter
3 posts were merged into an existing topic: Any market timers out there
It was meant as a joke. It was maybe a bit too obscure 
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I’m almost getting addicted to check fo*news’ newsite. It’s entertaining fake. I’m waiting for “our supreme leader” or things like that. I might stop because my antivirus keeps blocking an url there
:o
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The CHF is absolutely exploding right now.
3.2% up against USD today
E: 3.5% …
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How are the Bonds doing? Can we use that to predict what is going to happen? at least for the lolz..
On a side note: the few usd I had sitting around are really going to 
When I was a kid I watched the first 10 minutes of this film and was traumatised for literal years. It took me a good 5-6 years to watch as a teenager and not shit myself. And I’m not the only one, several friends from different countries had the first section of this film as the scariest thing they’ve ever watched.
On holiday next week, maybe I’ll make a film thread.
Edit: but yeah I want to buy the new dip as I got too greedy in the previous one and missed it 
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I think it’s not CHF rising . It’s USD falling. EUR is also up against USD
DXY is down about 1.76% which tracks dollar index against major currencies.
The key question is why is USD falling and if SNB can do anything about it
I’m no economist but my money would be on “USD are good to buy things in the US. If things in the US are more expensive than elsewhere, because tariffs, then it is less interesting to hold USD”.
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Unbelievable, I got out of equities to loose even more money holding USD. How to explain CHF appreciating so much ? Where are the CHF buyers coming from ?
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so what are the odds we’re finally going to get 1:1 CHF:GBP before this is over? I think we’re approximately at Truss levels now.
FML. Why did this not happen 2 weeks ago?
It‘s both. CHF is also 1.5% up against €
Forex market is predicting it to happen in two years. I.e. today you can lock in your 1:1 exchange rate for a date two years in the future. But of course, markets are not oracles.
The markets probably overreact re. The CHF… meaning that GBP and EUR should mid term still be ok. But the Market certainly no longer considers the USD as the leading reserve currency. There may be quite a bitvof fallout and re-shaping of power when we over the next 12-18 months move away from a USD centric trade system. What currency comes next? How about CHF?
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One thing is that you need to issue enough debt (because that’s the key component of a lot of financial engineering).
Which is why it was such a big deal when the EU recently announced they’d start issuing EUR debt to finance defense programs (before that it was mostly individual countries issuing debt)
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Trump asked the supreme court the power to fire the Fed chair 
if this happens the US are going the Turkey way. This is really concerning.
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USDCHF is at 10Y low, the lowest since Frankenschock.
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