Danish Krone & Hong Kong Dollar: next broken pegs?

everything that doesn't belong elsewhere cometh here

Moderator: moderators

User avatar
michal.kreslik
rank: 1000+ posts
rank: 1000+ posts
Posts: 1048
Joined: Sat May 13, 2006 2:40 am
Reputation: 36
Location: Monte Carlo, Monaco
Real name: Michal Kreslik
Gender: Male

Danish Krone & Hong Kong Dollar: next broken pegs?

Postby michal.kreslik » Fri Jan 23, 2015 3:54 pm

FX prime brokers and liquidity providers are pulling back from Danish Krone and Hong Kong Dollar this week. Both of these currencies have been pegged for a very long time, but following the Swiss peg massacre last Thursday, trading the DKK and HKD crosses has become perceived as increasingly risky by FX market participants.

broken-peg.jpg
broken-peg.jpg (36.39 KiB) Viewed 2057 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 15562
Joined: Sun May 14, 2006 9:31 pm
Reputation: 3036
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: Danish Krone & Hong Kong Dollar: next broken pegs?

Postby TheRumpledOne » Fri Jan 23, 2015 6:34 pm

Smells like opportunity!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
michal.kreslik
rank: 1000+ posts
rank: 1000+ posts
Posts: 1048
Joined: Sat May 13, 2006 2:40 am
Reputation: 36
Location: Monte Carlo, Monaco
Real name: Michal Kreslik
Gender: Male

Re: Danish Krone & Hong Kong Dollar: next broken pegs?

Postby michal.kreslik » Fri Jan 23, 2015 6:43 pm

TheRumpledOne wrote:Smells like opportunity!!


to lose a lot of money haha :)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “general”