Tag Archives: EUR/CHF

FX Daily

US non-farm payrolls take centre stage. We expect a rise of 250k, higher than theconsensus estimate of 218k.

Our G10 forecasts have long encompassed a bullish USD theme, so the modifications here are ones of magnitude rather than direction.

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirming anunderlying bearish trend.

The main event will be the press conference following the ECB meeting.

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirmingpersistent strong selling pressures.

In the US focus turns to ISM manufacturing for September.

EUR/USD has broken the strong support at1.2755 and is now testing the other one at1.2662.

Both the speed and the size of the move in the USD have surprised us over the past month.

German retail sales and French consumer spending figures are due for release thismorning.

EUR/USD: Momentum strongly pro-decline. Euro clearly oversold. From technical point of view, consolidation or correction are likely.

EUR/USD has broken the strong support at1.2755 and is now challenging the one at 1.2662.

n the euro area, the main event will be the release of preliminary Germanconsumer prices for September.