PPT Active in Dollar Today

U

USAtrader

I can't be the only one that believes the PPT, et al., is actively selling dollars here in an attempt to support equities.

Engineering.
 
I didn't address other market participants, which of course there are many, and who are both buying and selling. Just that I believe the PPT is out there this morning attempting to protect equities, using the dollar, or something related to it. Call me a conspiracy theorist.

Quote from Martinghoul:

Really? I am selling USD here...
More...
 
Well, funnily enough, the SNB just went back into the mkt to buy EURCHF. Hence EUR bounced, European periphs caught a bid and it seems like Spooz decided to follow.
 
Quote from Martinghoul:

Well, funnily enough, the SNB just went back into the mkt to buy EURCHF. Hence EUR bounced, European periphs caught a bid and it seems like Spooz decided to follow.
More...

Their currency reserves are raising exponentially...UBS currency desk is working overtime...:D
 
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