Tag Archives: CHF
FX Weekly Report
Is the yen ready for a new phase of weakness? The turmoil in emerging markets has led to Japanese yen appreciation especially given its perceived safe haven status.
CHF Mid-day Analysis
The March Swiss appears to be coiling in a tight range as if a major decision is expected later today.Clearly macro economic anxiety has declined this week and as long as the US data is strong enough to keep a lidon economic uncertainty,
CHF Mid-day Analysis
A series of highs around the 1.1104 area look to be stiff resistance in the Swiss. While the Swiss mightsee some minor lift from no change in BOE and ECB policy,
CHF Mid-day Analysis
The Swiss has started out with a slightly weaker track on the charts and it has also fallen back below the100 day moving average at 1.1064. Critical support might be seen down at 1.1038 but
CHF Mid-day Analysis
The Swiss has reversed course from the spike high forged in the prior trading session as overt anddominating anxiety levels have come down in the face of an attempt to recover in US equities.
CHF Mid-day Analysis
The Swiss seems to have garnered some fresh long interest this morning in the wake of flight to qualitygains in the Yen and ongoing calls for more easing from the ECB.
The Week Ahead in FX
In the week ahead, investors will be keenly anticipating Friday’s U.S. nonfarm payrolls report for January after December’s report showed that the economy added far fewer jobs than expected.
Weekly CFTC Trader Positioning Data
• Risk aversion on the back of EM jitters drove a significant shift in currency positions this week. Investors shifts included short covering in JPY with increased long allocation to gold, EUR and GBP;
CHF Mid-day Analysis
A downside tilt remains in place with the March Swiss early this morning sitting right on the priorsession’s low and also sitting at some of the lowest levels on the charts since January 23rd.
CHF Mid-day Analysis
Like the Euro, the Swiss is suffering from the residual strength in the Dollar and that action is likely tocontinue through the US data window this morning.
The Global Macro Pulse
The fall in US equity markets overnight combined with the Fed’s additional $10bn taper to drive deeper risk aversion in Asia.
CHF Mid-day Analysis
A slight decline in safe haven interest from the emerging markets situation might temporarily return in theaftermath of a US Fed tapering move, but that support for the Swiss might be fleeting.