Wednesday , October 5 2022
Home / SNB & CHF / SNB’s Zurbruegg: It is not roll of monetary policy to cure risks to financial system

SNB’s Zurbruegg: It is not roll of monetary policy to cure risks to financial system

Summary:
Vulnerabilities have increased and Swiss real estate market Swiss apartments overvalued by 10% to 35% SNB continues to monitor developments in real estate market It is not roll of monetary policy to curb risk to financial system The  USDCHF  is trading back below its 100 hour moving average at 0.93129 and its 200 hour moving average at 0.93304. However at the low today, the pair did find support against what has been a swing area between 0.9293 and 0.92964. The price did move below that swing area last Friday, but rebounded and closed back above the level. On Monday, the low price stalled against the level and pushed higher reestablishing the area as support. The high price today did find resistance against another swing area this time at the highs between

Topics:
Greg Michalowski considers the following as important: , , , , ,

This could be interesting, too:

Ryan McMaken, Tho Bishop, Rosanna Weber writes What Will Germans Do without Russian Gas?

Patrick Konstantin writes Analysten sehen Preisanstieg für Bitcoin in diesem Monat

Marc Chandler writes Week Ahead: Macro and Prices

Swissinfo writes Test hackers fail to breach Swiss Post’s e-voting system

  • Vulnerabilities have increased and Swiss real estate market
  • Swiss apartments overvalued by 10% to 35%
  • SNB continues to monitor developments in real estate market
  • It is not roll of monetary policy to curb risk to financial system

The  USDCHF  is trading back below its 100 hour moving average at 0.93129 and its 200 hour moving average at 0.93304.

However at the low today, the pair did find support against what has been a swing area between 0.9293 and 0.92964.

The price did move below that swing area last Friday, but rebounded and closed back above the level. On Monday, the low price stalled against the level and pushed higher reestablishing the area as support.

The high price today did find resistance against another swing area this time at the highs between 0.93749 and 0.93819.

SNB’s Zurbruegg: It is not roll of monetary policy to cure risks to financial system

USDCHF moves from an upper extreme to a lower extreme today


Tags: ,,

Leave a Reply

Your email address will not be published. Required fields are marked *