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Latest on China’s EUR/USD double-no-touch

By Sean Lee  || August 27, 2009 at 23:15 GMT
|| 3 comments || Add comment

Thanks to Gerry’s investigative skills, the latest information on China’s dnt option is that they bought on the 19th and 20th of August for one month with barriers at 1.3950/1.4450. We still believe that the downside protection will outweigh the topside as China is for the present a natural buyer of EUR/USD as they seek to diversify out of the USD.

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3 Responses to “Latest on China’s EUR/USD double-no-touch”

  1. Mary on August 28th, 2009 02:58 GMT

    Who is Gerry?

  2. Sean Lee on August 28th, 2009 05:26 GMT

    Keep reading Mary, his handsome dial will appear shortly.

  3. Gerry Davies on August 28th, 2009 05:38 GMT

    thks Sean, but unfortunately every picture tells it’s own story. all i can say in my defence is the three people who have seen the picture and who have seen me in the flesh recently, say it looks nothing like me (maybe they were just being kind)
    “Who is Gerry?”, it’s a question I’ve been increasingly asking myself as the years pass by.



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