Tag Archives: EUR/CHF

FX Daily

On a day with no real market movers focus will be on developments in Ukraineand the markets will further digest Friday’s job report and

Surprise action from the ECB hit the EUR-complex The ECB cut all three rates by 10 basis points through a surprise decision

EUR/USD has crushed its key support at 1.3105(06/09/2013 low) following the ECB’s decisions.

Focus is on the US labour market report for August. We look for a positivesurprise with a solid increase in non-farm payrolls of 260,000

EUR/USD is testing its key support at 1.3105(06/09/2013 low).

EURUSD: We probably have to pass today’s main event, ECB, beforeany major move will take place.

Main event is the ECB meeting. We do not expect rate cuts or QE in connection withthe meeting but all options are expected to be left open.

We revise our FX forecasts for the remainder of 2014, for 2015 and for the first time provide financial forecasts for 2016.

EUR/USD is testing its key support at 1.3105(06/09/2013 low).

Euro-area service PMIs are due for release and focus will be on the first figure forSpain and Italy.

EUR/USD is challenging its key support at1.3105 (06/09/2013 low).

Focus will be on the US ISM report. Last month’s report came out very strong,reaching a three-year high level of 57.1.