Tag Archives: CHF
CHF Mid-day Analysis
The March Swiss was clearly fundamentally and technically overdone into the recent highs. With thesituation in the Ukraine calming down, some of the premium has already started to fall out of the Swiss.
CHF Mid-day Analysis
Like the Euro, the Swiss might have become overdone at last week’s highs. While the Euro and Swissmight be seen as less involved in the Russian/Ukraine situation,
The Week Ahead in FX
In the week ahead, investors will be anticipating Friday’s U.S. nonfarm payrolls report for an indication of the strength of the recovery in the labor market.
Weekly CFTC Trader Positioning Data
The net long USD position — at $13.7bn — narrowed for thefourth consecutive week but most positions remain relatively neutral,close to the median of the last 52-weeks.
CHF Mid-day Analysis
Not surprisingly the Swiss is also benefiting significantly from the noted weakness in the Dollar and theYuan. Some might suggest that hints of a pause in US tapering in the wake of slack US data and
CHF Mid-day Analysis
The Swiss is undermined by less than impressive Swiss 4th quarter growth readings and with Swissgrowth anemic at only +.2% it could be difficult for the March Swiss to hold above the 1.12 level on the charts.
CHF Mid-day Analysis
The Swiss remains within striking distance of the recent highs but like the Euro there appears to be aloss of momentum. Given the magnitude of the February gains,
CHF Mid-day Analysis
While the Swiss remains in a positive track on the charts, and a loss of momentum over the prior 5trading sessions hints at the prospect of a near term topping action ahead.
CHF Mid-day Analysis
Like the Yen, the Swiss has seemingly lost some of its safe haven bid this morning in the face of aslightly positive shift in the Ukraine situation.
The Week Ahead in FX
In the week ahead, the euro zone is to release what will be closely watched preliminary data on consumer price inflation. Switzerland is to publish data on fourth quarter growth,
Weekly CFTC Trader Positioning Data
The USD is being traded not as a broad US‐centric theme butinstead with the focus on the local domestic stories. Accordingly sentiment is favouring a fairly mixed USD performance.
CHF Mid-day Analysis
The March Swiss has spent the early Friday trade in the lower half of the prior session’s range and thefailure to hold above 1.1219 might signal a technical failure on the charts.