Tag Archives: EUR/CHF

UBS Morning Adviser

Let Nordics Run Their Course Having felt conditions were ripe for a CAD rally, we were taught a harsh lesson on Wednesday by the BoC:

FX Daily

Market movers today * Focus will be on global PMIs. We expect overall euro area PMIs to increase,

FX Daily

Market movers today * ECB holds a press conference about its Comprehensive Assessment of banks’ balance sheets which includes an Asset Quality Review and stress tests.

The dollar is a post-NFP “punching bag” – can it fight back?

EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.

UBS Morning Adviser

CAD: Boring is Good The Bank of Canada is unlikely to register any major changes to policy on Wednesday.

FX Daily

Market movers today * The main release is the US employment report for September.

UBS Morning Adviser

Dollar Asymmetry Intact The long-awaited September payrolls report is due on Tuesday and it appears that markets have become a bit more partial to

Technician

EUR/CZK Momentum changed to neutral, it still is not pro-growth. This increases likelihood of consolidation below 25.80 level.

UBS Morning Adviser

Pick Your Longs Carefully There is very little doubt that the market will continue to chase risk-on in the coming weeks to take advantage of a conservative Fed and fiscal stability.

FX Daily

Market movers today * The main release is US existing home sales, which could give further evidence of the effect on housing from the rise in mortgage rates. 

FX Daily

Market movers today * With no major data releases, focus will be on the flood of speeches from members of the major central banks.

UBS Morning Adviser

What’s the Damage? Judging by the queries from clients in the aftermath of the debt ceiling deal, it is clear that markets want to see the delayed data released as soon as possible.