Tag Archives: USD/CHF
Behavioral Finance: Daily Forex Outlook: ISM alone may not persuade Fed to ease
EUR USD (1.2605) Yesterday saw Finland and the Netherlands voicing reluctance to idea of allowing the ESM to buy the debt of peripheral states in the secondary market.
Daily FX Technical Strategy: SEK on the launchpad
In the run up to the Independence Day holiday in the US, FX trading is likely to become increasingly choppy and listless. One bright spot though could be the Swedish Krona, which is on the cusp of delivering a series of major bullish signals.
Behavioral Finance: Daily Forex Outlook: This EU summit does not fit the mould
EUR USD (1.2625) After a weekend of reflection following the EU summit, it is being claimed by many prominent commentators that Germany’s Chancellor managed to keep the overall liabilities for her country unchanged.
Daily FX Technical Strategy: Downbeat mood fails to lift
Heavy volumes in FX markets on Friday combined with wide trading ranges in many USD markets point to squaring out of long positions.
Behavioral Finance: Daily Forex Outlook: EU summit expectations may have been too low
EUR USD (1.2575) Given the ultra-low market expectations for the EU summit, even a very modest softening in Germany’s tough stance would have been enough to surprise positively.
Behavioral Finance: Daily Forex Outlook: EU summit may yet deliver a modest upside
EUR USD (1.2510) Market expectations for any policy solution from the latest EU summit are exceptionally low. The general impression seems to be that the meeting will deliver a roadmap to the roadmap.
Behavioral Finance: Daily Forex Outlook: German ‘No’ seems already priced in
EUR USD (1.2495) The euro slumped to its day-low yesterday after unconfirmed reports suggested that German Chancellor Merkel appears to have estimated her own longevity as higher than the probability of eurozone countries sharing debt liability.
Daily FX Technical Strategy: A growing sense of foreboding
Investors are watching and waiting ahead of the EU summit later in the week. What movement there is in markets suggests that expectations are becoming more pessimistic.
Behavioral Finance: Daily Forex Outlook: Market resigned to summit disappointment
EUR USD (1.2540) Cyprus has officially become the fifth country in the eurozone to ask for a bailout and investors are again demanding higher risk premiums for investing in Spanish bonds.
FX Trends daily (FOCUS : USD/CHF)
USD/CHF Yesterday, the USD/CHF cleared a resistance at 0.9598 (upper bound of a short-term bearish channel). This signals an acceleration of the uptrend towards 0.9769 (June 2012 high).
Daily FX Technical Strategy: Yen benefits from equity woe
Global equity markets are coming under selling pressure once more and as the outlook for risk deteriorates investors are becoming more defensive.
Behavioral Finance: Daily Forex Outlook: The euro is poised for further policy inertia
EUR USD (1.2540) A €130 billion growth pact, worth one per cent of eurozone GDP, was the highlight of the Rome summit. Germany and other creditor nations, however, continue to oppose sovereign bond buying by the pan-European rescue vehicles and German officials are even massaging downwards expectations for the end-of-the-month EU summit.