Tag Archives: USD/CHF
Weekly Economic & Financial Commentary
U.S. Review A Broadening Recovery Offsets Near-Term Weakness · Nonfarm payrolls increased across most industries in March,
Forex Weekly Report
The ECB remains on the sidelines Despite a new cycle low in European inflation at 0.5%,
FX Daily Majors
Today’s highlights: EURUSD’s break below the 55-day average at 1.3723/04 sees topping risks mount and adds weight to our bearish “wedge” story.
Daily Technical Report
EUR/USD has breached the support at 1.3705,confirming an underlying downtrend since thepeak at 1.3967. Another key support stands at1.3643. Resistances can now be found at 1.3753(02/04/2014 low) and 1.3820.
UBS Morning Adviser
Stronger income growth in the US would help everyone On Thursday, Draghi may have disappointed investors hoping for more forceful rhetoric on FX.
Daily Technical Report
EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.
UBS Morning Adviser
Does anyone want to win the balance sheet stakes? President Draghi can expect the usual questioning monetary conditions on Thursday.
Daily Technical Report
EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.
FX Daily Majors
Today’s highlights: USDJPY focus turns to important resistance at 103.64/77. Above here is needed for a better base in the range to test 104.85/94 next.
UBS Morning Adviser
Corporate Inflation Expectations Elevated Surprisingly, Japanese corporates attach some credibility to
Daily Technical Report
EUR/USD is bouncing near the support at1.3708. However, the declining trendlinecontinues to favour a bearish bias. An hourlyresistance for a short-term bounce can be foundat 1.3847 (25/03/2014 high). Another resistancelies at 1.3876.
UBS Morning Adviser
Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),