Tag Archives: EUR/CHF
FX Daily
Key news – US S&P500 closes at new high again. EUR/USD higher while oil drops. – China NBS PMI fell in April, confirming the economy stayed soft into Q2.
UBS Morning Adviser
Do Come Back After May ‘Sell in May and go away’ has had its fair share of supporters and detractors over the years. For FX markets, seasonality is often used as post-hoc rationalisation of price action,
Daily FX Update
MONTH END FLOWS BIASED TO BUY USD, GBP & CAD – USD is quiet leading into FOMC decision & European holidays on Wed.
FX Daily
Key news – Italian government scraps tax increases and signals less fiscal austerity. – Japanese data weaker than expected but still suggest a recovery has started.
UBS Morning Adviser
It’s April 30th and so the BoJ’s new easing program has reached the end of its first month of operation. There have been some teething issues – notably a sharp increase in JGB volatility.
EUR/CHF Technical Analysis
(1,2272) The EUR/CHF confirmed a session of consolidation remaining interior Friday’s range forming a new inside day with now 1,2325 – 1,2240 the levels to follow in the coming hours!!
EUR/CHF Technical Analysis
(1,2288) The EUR/CHF confirmed on Friday a weak closing below the low of the previous session confirming therefore also the negative day reversal.
UBS Morning Adviser
Japan To Buy Asian Bonds? Local media reports indicate that Japan may diversify some of its FX reserves into the bond markets of South East Asia. The announcement could come as early as Friday May 3rd ¹.
FX Daily
Key news – In Italy a broad three-party coalition was sworn in on Sunday. – Bank of Cyprus has converted 37.5% of deposits above EUR100,000 into equity.
Daily FX Technical Strategy: The ceilings into end of week
Into the end of week, several markets such as USD/JPY, the S&P 500, and US 10y yields are ranging just beneath important topside areas.
UBS Morning Adviser
Follow the Growth Flow The market will likely increase its pricing of an ECB rate cut in the run up to the May policy meeting. A weaker euro can also be expected, but for a credit- and funding- starved Eurozone,
EUR/CHF Technical Analysis
(1,2300) The EUR/CHF formed a negative day reversal after the test of the 1,2350 level. Only a daily closing tonight below 1,2280 will however confirm a s/t top!!