COT 05/19

Published May 19th, 2008 - 10:42 GMT
Al Bawaba
Al Bawaba

Implications: Bullish




CHF: The readings are at 24 and 0 for the 52 and 13 week indexes.  The 13 week index has been at 0 for two weeks now  (last time the index was at 0 was when the USDCHF topped at 1.1594).  A turn towards CHF strength is likely this week.  Risk has shifted to the upside (towards CHF strength).