Tag Archives: CHF
CHF Mid-day Analysis
The March Swiss remained under pressure overnight despite recent news of a fairly impressive gain inSwiss retail sales of 4.2% in November relative to the prior month.
CHF Mid-day Analysis
While the Swiss has recently won by default, the market might have become short term overbought withthe recent 4 day bounce. With a slightly stronger Dollar and positive Euro zone data flows overnight,
CHF Mid-day Analysis
A short term bounce in the Swiss is expected but we are doubtful that the down trend pattern from thelate December high has been fully reversed. While we would like to sell a return to
The Week Ahead in FX
In the week ahead, investors will be closely watching U.S. data on retail sales, inflation and consumer sentiment, as well as speeches by two Federal Reserve officials on Tuesday. U.K. data on retail sales and inflation will also be in focus.
Weekly CFTC Trader Positioning Data
Investors pared exposure to European currencies heading into key US & ECB events, reducing net long positions in EUR, GBP and CHF. Meanwhile, JPY, CAD and AUD continue to be held net short.
CHF Mid-day Analysis
Like the Yen, the Swiss saw a bounce off US data yesterday and while the Swiss comes into the sessionmarkedly above the level where the US data was released yesterday,
CHF Mid-day Analysis
While the currency trade doesn’t expect to see noted changes in either BOE or ECB policy today, seeingthe ECB promise to act further if necessary, might keep the Euro off balance and
CHF Mid-day Analysis
The Swiss has forged another lower low on the charts overnight and the ongoing prowess of the Dollarlooks to keep the pressure on the Swiss. Keep in mind, the SNB wants the exchange rate to decline significantly and
CHF Mid-day Analysis
The path of least resistance is pointing downward in the Swiss, as a lower low for the move and thelowest price since December 3rd leaves the bear camp with a technical edge.
CHF Mid-day Analysis
The March Swiss has remained below its 50 day moving average and it has initially extended the sharpdownward thrust on the charts. In fact, the March Swiss overnight reached the lowest level since December 4th.
The Week Ahead in FX
In the week ahead, the Fed is to publish the minutes of its December meeting on Wednesday, while the U.S. jobs report for December is scheduled to be released on Friday.
CHF Mid-day Analysis
The Swiss saw a strong KOF indicator today and even that news failed to sustain higher action in theMarch Swiss relative to the prior session’s closing level.