Tag Archives: CHF
Finding Value in FX Carry
Global FX carry trades, where one buys the highest interest rate currencies and sells thelowest interest rate currencies across G10 and EM, have had a torrid time since 2008.
CHF Mid-day Analysis
The Swiss looks damaged on the charts this morning. The failure to hold 1.1269 could facilitate technicalselling pressure later this morning, especially if US Durable goods readings come out on
CHF Mid-day Analysis
The Swiss appears to be in a vulnerable position this morning as safe haven issues have moderated andUS equities are showing some positive action.
CHF Mid-day Analysis
Negative chart action puts the Swiss in a position to see some knock on technically based selling ahead.Like the Euro, the Swiss is vulnerable to fresh hawkish US Fed dialogue and
The Week Ahead in FX
In the coming week, investors will be looking ahead to U.S. data from the housing sector, as well as reports on consumer confidence and durable goods.
CHF Mid-day Analysis
We thought the Swiss was priced for perfection into the March highs and therefore the correction thisweek isn’t surprising. It is also possible that proximity to
CHF Mid-day Analysis
Like the Euro, the Swiss has seen a distinct technical and fundamental reversal. Clearly the early Marchgains were overstated in the Swiss,
CHF Mid-day Analysis
Like the Euro, the Swiss looks a little expensive on the charts. In our opinion, the Swiss has seen aconsistent pattern of favorable news events. In addition to buying off the Crimean situation over the last twoweeks,
CHF Mid-day Analysis
The Swiss might be the primary benefactor of a pause in US tapering, as the Swiss saw very positivelonger term economic projections from Swiss officials overnight.
CHF Mid-day Analysis
Like the Euro, the Swiss feels technically overbought and perhaps even somewhat fundamentallyoverdone. With the June Swiss at times last week adding to a rather significant early March rally and
Markets Viewpoint: Crimean referendum – discounted by markets but nervousness remains
The Crimean referendum delivered the expected result: A Yes to join Russia. Financial markets had already prepared themselves for this outcome during last week.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Wednesday’s monetary policy announcement by the Federal Reserve. The bank is also to publish its economic forecasts.