Tag Archives: USD/CHF

Swiss Franc The Euro has fallen by 0.21% to 1.1635 CHF. EUR/CHF and USD/CHF, July 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is at its best level here in July against the Canadian dollar. The CAD1.3265 area corresponds to a 61.8% retracement of the leg down in late June from almost CAD1.3390 to the recent low near CAD1.3065. The Australian dollar has...

Swiss Franc The Euro has fallen by 0.21% to 1.1645 CHF. EUR/CHF and USD/CHF, July 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar eased in Asia session and the European morning. The greenback had appeared technically vulnerable, and the economic news stream is light. Sterling, unlike most of the other major currencies, remains within yesterday’s range....

Swiss Franc The Euro has risen by 0.01% to 1.1698 CHF. EUR/CHF and USD/CHF, July 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Sterling’s 0.6% loss (@ ~$1.3120) is co-leading the downside in the firm US dollar environment, having to share that role with the New Zealand dollar today, where a weaker manufacturing PMI (52.8 from 54.4) is taking a toll. Both sterling and...

Swiss Franc The Euro has risen by 0.65% to 1.1698 CHF. EUR/CHF and USD/CHF, July 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar has broken out against the Japanese yen. Despite the global equity drop and decline in US yields, which often underpin the yen, the yen fell to its lowest level since early January yesterday and is continuing to sell-off today. The...

Swiss Franc The Euro has risen by 0.17% to 1.164 CHF. EUR/CHF and USD/CHF, July 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates After a little wobble, sterling has responded favorably to the resignation of the UK Brexit team led by David Davis. The idea is that a path to a softer Brexit is good for sterling. In fairness, it is a bit early to reach this conclusion, and...

Swiss Franc The Euro has risen by 0.23% to 1.153 CHF. EUR/CHF and USD/CHF, June 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The euro and sterling closed above Wednesday’s highs yesterday, and after making new lows for the year, chartists regard the price action as a key reversal and the follow-through buying today confirms it. Although we expected a hawkish hold from...

Swiss Franc The Euro has fallen by 0.27% to 1.1492 CHF. EUR/CHF and USD/CHF, June 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates There are large options that expire today at $1.1525 (1.2 bln euros) and $1.1550 (1.9 bln). Given the still substantial gross long euro positions in the futures market, it remains an open question of what level would trigger a capitulation. A...

USD/CHF The USDCHF pair managed to break 0.9850 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming period, paving the way to head towards 0.9723 level as a next station, noting that the EMA50 supports the expected decline, which will remain valid for today conditioned by the price stability below 0.9870. Expected trading range for today...

USD/CHF The USDCHF pair reaches the key support 0.9955 now, and as we mentioned in our last report, breaking this level will confirm completing the double top pattern that appears on the chart, to rally towards our negative targets that begin at 0.9900 and extend to 0.9850. Therefore, we will continue to suggest the bearish trend supported by the negative pressure formed by the EMA50, unless the price managed to rally...

Swiss Franc The Euro is down by 0.54% to 1.1743 CHF. This is the fifth day in sequence that the Swiss Franc appreciated. Reasons are: Weaker than expected euro zone GDP growth in Q1, in particular in Germany. However this “soft-patch” should have been clear to everybody. So it cannot be the main reason. Still the weak German GDP was the trigger for EUR weakness. A dovish European Central Bank. Already at the press...