Tag Archives: EUR/CHF

FX Daily

In terms of data releases we have a very thin calendar today but there are some interesting events. A potential rating decision from Moody’s on France’s sovereign rating might attract some attention.

UBS Morning Adviser

Expect macro-prudential measures to remain the norm The increase in the Swiss countercyclical-buffer (CCB) today led to strong interest in the CHF due to a hawkish interpretation – i.e.

Daily Technical Report

EUR/USD continues to bounce after havingposted a new lower low at 1.3509. Hourlyresistances are given by the declining trendline(around 1.3620) and 1.3650 (16/01/2014 high).

FX Daily

The main release will be euro PMI in January. Manufacturing PMI is likely to move broadly sideways after having been on an upward trend since April 2013.

UBS Morning Adviser

USD benefiting from ‘reverse’ diversification The Bank of Japan’s QQE program is already 8 months old,

Daily Technical Report

EUR/USD’s bounce near the support at 1.3524has thus far been weak. Hourly resistances standat 1.3583 (16/01/2014 low) and 1.3650(16/01/2014 high, see also the decliningtrendline).

FX Daily

It will be another quiet day in terms of data. The UK releases its unemployment report at 10:30 CET and we look for a further decline in unemployment to 7.2% in November from 7.4% in October.

UBS Morning Adviser

Can the BoC use the CAD as a direct policy tool? The Bank of Canada is expected on Wednesday to join the growing list of minor G10 central banks in anchoring expansionary policy guidance.

EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows. Monitor the bounce attempt nearthe support at 1.3524.

UBS Morning Adviser

Tapering losing influence over some trades For the bulk of the last three quarters, markets have designated US policy and

FX Daily

German ZEW is expected to have risen further in January to 64.0 from 62.0 in December. This would mark the highest level since 2006.

Technician

EUR/USD: Momentum is now tilted towards decline. Consolidation around 60-day moving average is still possible (200-day/20-day moving average range),