Tag Archives: EUR/CHF
UBS Morning Adviser
Yen: No Relief From Trade Balance • Sell yen on Japan’s ongoing trade deficit • The yen is still a sell even if the deficit returns to surplus
EUR/CHF Technical Analysis
(1,2395) The EUR/CHF confirmed a weak closing forming also a negative outside day with now 1,2470 – 1,2350 the levels to follow in the coming hours.
UBS Morning Adviser
Same Script Emerges On July 4th, the Bank of England warned in its policy decision that ‘the significant upward movement in market interest rates would…weigh on the [economic] outlook’.
Fed Chairman Bernanke sets markets straight…
Bernanke’s speech and his Q&A, 2 hours after the release of the FOMC minutes, were more influential.
EUR/CHF Technical Analysis
(1,2390) The EUR/CHF confirmed a correction after a positive closing last night while remaining interior the previous day’s range forming a new inside day with 1,2480 – 1,2380 the levels.
UBS Morning Adviser
AUD Still Vulnerable Australia’s unemployment rate climbed again overnight hitting 5.7% − a level not seen since Sept 2009.
EUR/CHF Technical Analysis
(1,2435) The EUR/CHF confirmed another strong closing after a 1,2460 overshooting where it fund good resistance for now.
UBS Morning Adviser
Balance Sheets Matter ECB Executive Board Member Joerg Asmussen turned the screw on the euro on Tuesday by initially stressing that forward guidance by the ECB goes ‘beyond 12 months’.
Daily FX Volume and Technical Strategy: Three triggers for USD strength
The lower close in US 10yr yields left a momentum warning suggesting a period of consolidation.
EUR/CHF Technical Analysis
(1,2415) The EUR/CHF confirmed a strong closing even above the 1,24 level supporting further upside potential.
UBS Morning Adviser
Summer Precautions Necessary If the UBS FX Flow Report’s volume figures for last week are anything to go by, most investors have left for the summer.
Conditional pre-commitment
Last week saw an unprecedented move by central banks in Europe towards stronger guidance about the outlook for monetary policy.