Swiss Franc EUR/CHF - Euro Swiss Franc, January 12(see more posts on EUR/CHF, ) - Click to enlarge If you are buying or selling the Swiss Franc the next week is vital to expectations. The pending Supreme court case will shape the next twist and turns of Brexit which in turn will of course affect the pound and also risk sentiments. I expect GBPCHF could easily slip below 1.20 if the Court Case is rejected, this...
Read More »FX Daily, August 11: Sterling Struggles to Find a Bid, While RBNZ Can’t Knock Kiwi Down
Swiss Franc Once again, EUR/CHF reverses in the middle of the week. A part from technical reasons, the weak French CPI (+0.4% YoY) and Italian CPI (-0.2% YoY) exercised downwards pressure on the euro. Click to enlarge. FX Rates The US dollar has found steadier footing today after trading heavily yesterday. There are two main themes. The first is sterling’s heavy tone. After closing the North American session...
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