Tag Archives: USD/CHF
UBS Morning Adviser
Headline CPI of +2.7% YoY shows inflation still elevated after MAS cut forecast Singapore May headline CPI released today showed ongoing upward pressure in all major areas except for clothing and communication,
Weekly Economic & Financial Commentary
U.S. Review Inflationary Pressures Mounting, But Fed Holds Tight
Weekly Report
SNB’s loose policy requires stricter regulatory measures The Swiss National Bank kept its 3-month libor target unchanged at 0.00-0.25% and pledged to
FX Daily Majors
Today’s highlights: GBPUSD above multi-year range resistance at 1.7044/49 should see strength extend to our target of 1.7330.
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 (see also the38.2% retracement) is favoured as long as thehourly support at 1.3584 (19/06/2014 low) holds.
UBS Morning Adviser
Central banks target long-term economic potential The Federal Reserve and Norges Bank both surprised market expectations this week to the dovish side.
FX Daily Majors
Today’s highlights: AUDUSD has completed a bullish “reversal day” from its 55-day average, and we look for a retest of the June high at .9439.
CHF: gravity pulls
The Swiss National Bank keeps the status quo, blessing a weaker CHF. We do see higher EURCHF at the end of 2014 and on…but the USDCHF will likely come down in the near term on broad USD weakness post FOMC,
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 is expected (seealso the 38.2% retracement).
We Stay Long USD
The FOMC meeting did not deliver a significant change in message, notes BNP Paribas.
UBS Morning Adviser
Prevailing Wisdom Unchallenged If their voting record is anything to go by, the three new faces on the FOMC failed to rock the boat overnight.
FX Daily Majors
Today’s highlights: USDJPY has completed a small base, and we look for strength back to 102.81/103.04.