Tag Archives: USD/CHF
Daily FX Technical Strategy: EUR watch points
The bullish move in German rates saw the 2-year yield close in negative territory yesterday. Further downside here is likely to put pressure on the EUR in FX space.
UBS Morning Adviser
Talking Down the Good News It was all plain sailing for the euro on Thursday until Draghi found an opening to express his ‘openness’ on negative deposit rates.
USD/CHF Technical Analysis
(0,9347) The USD/CHF confirmed last night a strong closing reversing part of the weakness we had in the past sessions.
USD/CHF Technical Analysis
(0,9282) The USD/CHF confirmed last night another weak closing, after a weak monthly closing below the low of the previous month.
UBS Morning Adviser
Fed Waits, ECB Next The key risk to our bullish dollar view is if the Federal Reserve decides to prolong its current round of quantitative easing into 2014.
UBS Morning Adviser
Do Come Back After May ‘Sell in May and go away’ has had its fair share of supporters and detractors over the years. For FX markets, seasonality is often used as post-hoc rationalisation of price action,
USD/CHF Technical Analysis
(0,9365) The USD/CHF confirmed a weak closing last night, even below the 200 days line suggesting further downside risk. A monthly closing at the present level will be negative.
UBS Morning Adviser
It’s April 30th and so the BoJ’s new easing program has reached the end of its first month of operation. There have been some teething issues – notably a sharp increase in JGB volatility.
FX Daily Majors
Today’s highlights: – GBPUSD’s extension through 1.5423 keeps the immediate bias up to the channel highs at 1.5566, where we would look for a fresh attempt at a top.
USD/CHF Technical Analysis
(0,9410) The USD/CHF confirmed a negative closing also on Friday suggesting further consolidation/ correction with still the 200 days line at 0,9381 the possible attraction,
UBS Morning Adviser
Japan To Buy Asian Bonds? Local media reports indicate that Japan may diversify some of its FX reserves into the bond markets of South East Asia. The announcement could come as early as Friday May 3rd ¹.
FX Daily Majors
Today’s highlights: – GBPUSD has staged an remarkable rally above 1.5413/23, allowing the recovery to extend to the channel highs at 1.5555 where we would look for a fresh attempt at a top.