Tag Archives: CHF
CHF Mid-day Analysis
While the Swiss seems to have found some support on the charts, the currency did forge a quasidownsidebreakout and that could hint at more downside action in the days ahead.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to the BoE’s quarterly inflation report for further indications of the expected course of monetary policy.
Weekly CFTC Trader Positioning Data
The net short USD position widened to $6bn, with only CAD andJPY still held net short and AUD, NZD, MXN, EUR, GBP and CHF allheld net long. Over the last few weeks, positioning changes havebeen relatively minor.
CHF Mid-day Analysis
Like the Euro, the Swiss was recently priced for perfection and it would appear as if the currency isheaded back to the bottom of the uptrend channel down at 1.1280.
CHF Mid-day Analysis
Despite some significant two sided volatility in the Swiss this week, the bullish technical bias in the Swissappears to have remained in place.
CHF Mid-day Analysis
Like the Euro, the Swiss became short term overbought from a technical and fundamental perspective. Infact, slack German data overnight, fresh eastern Ukraine referendum talk and
CHF Mid-day Analysis
A distinct range up extension in the Swiss isn’t surprising as it continues to draft off the positive traction inthe Euro and the Pound. While there continues to
CHF Mid-day Analysis
With a minor upside breakout on the charts and the highest price since April 14th, the Swiss hasn’t beenheld back by slack Euro zone inflation readings or by weakness in Credit Suisse off ongoing US tax probes.
The Week Ahead in FX
In the week ahead, market participants will be focusing on Thursday’s ECB monetary policy announcement. Rate reviews by BoE and the Reserve Bank of Australia will also be closely watched.
Weekly CFTC Trader Positioning Data
A quiet week for sentiment, given that Tuesday’s position datefails to incorporate much of the event risk that followed. The pullback in all of the long positions underscores this anticipation.
CHF Mid-day Analysis
The Swiss has been unable to capitalize on safe-haven flows from events in the Ukraine, as well as adecent reading from today’s Swiss PMI number, and is holding its ground near unchanged levels this morning.
Beware, These Extended FX Positions Are Vulnerable In May
Large currency exposures tend to be scaled back between May and August according to BNP Paribas’ FX Positioning Analysis.