Tag Archives: EUR/CHF
Daily FX Update
GBP BREAKS TO 2‐MTH HIGH ON STRONG GDP – USD weakens; markets pushes out expectations for QE tapering.
FX Daily
Key news – Global macro data continue to disappoint – Korean GDP being today’s exception. – US markets closed flat but with defensives down – Asian markets are higher.
UBS Morning Adviser
Swiss Puzzle, German Answer The Swiss franc has weakened sharply this week. EURCHF has jumped from levels just above the Swiss National Bank’s ‘minimum’ floor of 1.20 to above 1.23 while USDCHF has appreciated back towards 0.95 the figure.
EUR/CHF Technical Analysis
(1,2345) The EUR/CHF is confirming further strength already testing the 1,2350 area. Possible at this point a direct move toward March high below 1,24.
FX Technical Volume Strategy: Investors back the EUR/CHF rally
– Activity picked up on the day with the increase in SEK volumes pushing it to the top spot in the G10 rankings.
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
FX Daily
Key news – US equity markets closed higher and Asian bourses are trading with gains. – Economic data continue to point to a period of slower global growth.
EUR/CHF Technical Analysis
(1,2297) The EUR/CHF confirmed a very strong closing breaking above the resistance line that we had since the top at 1,2570. We could see further strength in the coming hours/ sessions!!
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
The FX Quantitative Analyzer
Risky currencies came under pressure, with concerns about the global growth outlook weighing on investor sentiment following soft economic data from the US and China.
EUR/CHF Technical Analysis
(1,2200) The EUR/CHF confirmed another strong closing last night but it failed yet to confirm and break above the 1,2215 key level!!
FX Daily
Key news – Lower-than-expected China PMI pushes Asian equity markets lower. – US equity markets closed with decent gains – S&P500 up 0.5%.