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Search: Posts Made By: Fat Tails
Forum: Currencies January 18th, 2015, 07:11 AM
Replies: 37
Views: 9,840
Posted By Fat Tails
European stock prices are quoted in EUR. The Euro...

European stock prices are quoted in EUR. The Euro is the quote currency. When the quote currency loses value this leads to higher prices mechanically. Price are not higher, because the value of the...
Forum: Currencies January 17th, 2015, 02:58 PM
Replies: 37
Views: 9,840
Posted By Fat Tails
It is difficult to make a forecast for moves...

It is difficult to make a forecast for moves triggered by Central Bank decisions. Who is able to forecase at what stage the Chinese Central Bank will allow a reevaluation of the Renminbi? This can...
Forum: Currencies January 15th, 2015, 06:01 PM
Replies: 37
Views: 9,840
Posted By Fat Tails
That is the point. It was a black swan in a...

That is the point. It was a black swan in a rigged game. There is nobody to protect you when a shark eats you alive.
Forum: Currencies January 15th, 2015, 04:47 PM
Replies: 37
Views: 9,840
Posted By Fat Tails
FDAX closed above 10,000

The first reaction to the announcement of the Swiss National Bank was fear and unbelief. Stocks went down the wrong way and fell 3%. In the end of the day, FDAX closed up 1.7%.

The move just...
Forum: Currencies January 15th, 2015, 03:01 PM
Replies: 37
Views: 9,840
Posted By Fat Tails
Maaf, saya tidak tahu. :becky: Actually, it...

Maaf, saya tidak tahu. :becky:

Actually, it is likely that a buy program hit the market immediately, which in turn triggered many stops at the worst moment. In such a case it is better to have no...
Forum: Currencies January 15th, 2015, 06:59 AM
Replies: 37
Views: 9,840
Posted By Fat Tails
Minimum Exchange Rate for CHF Discontinued

The Swiss National Bank does no longer try to maintain an artificial minimum exchange rate and abandoned its policy today. At the same time interest rates were lowered to -0.75%


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