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Jason Boetsky

Poland

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Member since:	September 7, 2013
Last Visit:	October 19, 2013
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A day for the Swissy-Yen traders

JBTrader Posted 9 Sep. in #CHF/JPY #Swissy Yen #Chinese Report Data

A day for the Swissy-Yen traders It’s a tough day to make heads or tails of the market. For me, some of the biggest news coming into the day was disappointing Chinese import data yet the Shanghai Composite jumped 3.4%. Maybe most eyebrow raising fact about FX today is that CHF/JPY is the best performer. That’s a pair that usually moves in the same direction. Combine it with simultaneous rallies in bonds and stocks, along with a relentless bid in the euro and it’s a head-scratcher. I don’t know…

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China: Second cash crunch coming?

JBTrader Posted 7 Sep. in #China

This seems rather speculative, so I am uncertain about how much attention to give it. But I’m positing it, it may well be useful – comments welcome. The Wall Street Journal (ungated) asks if the cash crunch we saw in June in China could be repeated in September: The causes of the June cash crunch that pushed short-term borrowing rates close to 30%, triggering a sell-off in the mainland’s equity and bond markets, were complex. But analysts break it down into five main factors. Some of them look…

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