Tag Archives: EUR/CHF

FX Daily

We expect the ECB to remain in wait-and-see mode at today’s meeting, as the impactof the latest easing measures is assessed.

EUR/USD has broken the hourly resistance at1.2544 (intraday high), suggesting a temporarypickup in buying interest.

In the US focus this morning will be on the outcome of the mid-term election.

EUR/USD has moved below the key support at1.2501, confirming persistent selling pressures.

In the US focus will be on the mid-term election. The Republicans are expected to

EUR/USD: Momentum pro-decline. Some pressure on 1.25 level possible, but immediate breakthrough does not seem likely.

A very busy week ahead with PMIs/ISM today, mid-term election in the US onTuesday, ECB meeting on Thursday and US non-farm on Friday.

EURCHF on a collision course with EURCHF “floor” EURCHF continues to grind lower, increasing the speculation that it’s only

EUR/USD is approaching the key support at1.2501.

We now expect euro-area HICP to remain unchanged at this cycle low of 0.3% inOctober.

EUR/USD declined sharply yesterday. Thebreak of the support at 1.2614 calls for a test ofthe recent lows at 1.2501.

Spanish and German inflation will provide information about the impact of thedecline in the oil price during October.