Tag Archives: USD/CHF
Behavioral Finance: Daily Forex Outlook: ECB watchers have policy reversals in their sights
EUR USD (1.2135) The euro started to rise yesterday after reports suggested the ECB’s Nowotny was in favour of giving the ESM a banking license. These reports need to be treated with some caution, however.
Behavioral Finance: Daily Forex Outlook: Few solutions for the growth problem
EUR USD (1.2075) The eurozone seemingly re-entered full crisis mode this week. Investor concerns centre not only on the rising debt costs for Spain.
Daily FX Technical Strategy – One down, more to follow?
As yields in Italy and Spain start to rise sharply the spotlight appears to be shifting onto classical “risk” indicators. Yesterday NZD/USD completed a Head and Shoulders top and over the rest of the week we are watching to see whether other indicators like the AUD/USD and S&P500 follow the NZD’s lead.
Global Technical Watch – Quick Charts
The initial bearish signs, such as the Reversal Day in AUD/JPY we noted earlier this week, are snowballing. Further JPY gains are likely across the board, especially as US 10y yields threaten trendline resistance near 1.36%.
Behavioral Finance: Daily Forex Outlook: Psychological warning signs
EUR USD (1.2130) Monday was a day of warnings for the eurozone and for eurozone investors. The first ‘red-light’ came from the market itself, namely the continued spike in Spanish sovereign yields beyond the level of 7.5 percent.
Daily FX Technical Strategy: A shot across the bows
The move in Spanish yields yesterday was a shot across the bows for Risk. While the prospect of contagion within the eurozone has risen with 10y Italian yields gapping higher out of range, yields outside Spain have not yet reached levels where the rise becomes self sustaining.
Behavioral Finance: Daily Forex Outlook: Euro: the illusion of resilience
EUR USD (1.2115) Although developments in the eurozone debt crisis had become increasingly worrying throughout last week, market commentators could not help but notice the euro’s resilience.
Daily FX Technical Strategy: Pushing the boundaries
As we move deeper into the summer holiday doldrums, the major FX markets are drifting within clearly defined ranges. However, things are slowly coming to a head.
Behavioral Finance: Daily Forex Outlook: The highest hurdle for Fed QE3
EUR USD (1.2260) A collection of disappointing US data releases caused the dollar to weaken moderately yesterday. The headliner was the Philly Fed survey, which was not only belowconsensus, but also recorded its third consecutive negative reading.
Behavioral Finance: Daily Forex Outlook: ‘Fiscal cliff’ is Bernanke’s definition of deterioration
EUR USD (1.2290) The impact of the looming ‘fiscal cliff’ in the US has been a common theme of market discussions in recent weeks. That the expiration of the Bush-era would be a drag on an already weak economy is clear; many observers fear an outright recession.
Behavioral Finance: Daily Forex Outlook: Bernanke has something for everybody
EUR USD (1.2280) Yesterday’s Bernanke testimony seemed to have been sufficiently general for all Fed-watchers to read what they wanted into it.
Behavioral Finance: Daily Forex Outlook: Burden shared between the present and the future
EUR USD (1.2290) The USD-index is pursuing its retreat from last week’s year-high. The correction resumed yesterday after the publication of disappointing US retail sales data.