Tag Archives: USD/CHF

USD/CHF Technical Analysis

(0,9745) The USD/CHF confirmed a weak closing after the one on Wednesday confirming therefore also the suggested S_H_S formation suggesting further s/t weakness.

UBS Morning Adviser

Reserve Stagnation Boosts Buck In their latest Macro Keys (May 29th), our Emerging Market strategy team highlights that the current round of weakness in EM FX is likely to be with is for some time.

USD trading all over the shop on USDJPY flows.

There was a flurry of “developments” out of Japan today that saw a dramatic pivot in JPY crosses after USDJPY looked like it wanted to have a look at the 100 level.

US Morning Update

Major overnight headlines: • Nikkei slumps more than 5.0% as JPY strengthens, 10-year JGB yield lower on the day though • BoJ says long-term JGB purchases in June to total around 7.0 trillion, but amount can be adjusted, Thomson Reuters

FX Daily Majors

Today’s highlights: • NZDUSD stays capped beneath the .8215 price barrier leaving our bias still bearish for .7923/14 next.

UBS Morning Adviser

Capex Comforts Australian Dollar We remain cautious on the Australian dollar given the risk the Reserve Bank of Australia will cut interest rates again from 2.75% this year.

FX Trends daily (FOCUS : USD/CHF)

The pair has consolidated last week before resuming its uptrend this week. A return to the recent high at 0.9841 is likely.

FX Daily Majors

Today’s highlights: • AUDUSD has fallen sharply again and below .9585/75 should see the bear trend directly extend for .9407/.9388.

USD/CHF Technical Analysis

(0,9772) The USD/CHF confirmed a strong closing well above the top of the previous session and also above the resistance of the inside day at 0,9730 supporting further direct strength.

UBS Morning Adviser

Confidence Cushion The dollar’s favourable response to consumer confidence figures released on Tuesday has demonstrated how risk-currency status for the dollar can only be generated through a virtuous data cycle.

USD/CHF Technical Analysis

(0,9685) The USD/CHF confirmed a session of consolidation interior Friday’s range forming a new inside day with 0,9730 – 0,9580 the levels to follow in the coming hours.

Daily FX Technical Strategy: AUD hovers over its 2012 low

Following a turbulent week, the quiet start around the UK/US bank holiday was likely welcomed as markets took a breather.