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Old 08-24-2008, 12:45 PM
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Andrewunknown Andrewunknown is offline
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Join Date: Dec 2007
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Quote:
Originally Posted by akeakamai View Post
Nope, I meant what I said the first time, because it's right
I re-read and see what you're saying now.

Long EUR/USD + Long USD/CHF will create the hedge, such as it is, under the presumption that EUR/USD will continue to go up, yielding "passive income" through net positive swap. Maintaining the hedge is thus equivalent to bullish EUR/CHF sentiment.
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