Swiss Franc The Euro has risen by 0.48% to 1.1666 CHF. EUR/CHF and USD/CHF, December 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP/CHF The pound has risen against the Swiss Franc as we get closer to understanding just what Brexit means for the UK and global concerns ease, weakening the Franc. The pound is essentially a barometer of progress on Brexit whilst the Swissie...
Read More »Weekly Technical Analysis: 18/12/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, EUR/CHF
USD/CHF The USDCHF pair traded with clear negativity yesterday to break 0.9892 level and settles below it, which stops the recently suggested positive scenario and put the price within the correctional bearish track again, noting that there is a bearish pattern that its signs appear on the chart, which means that breaking its neckline at 0.9840 will extend the pair’s losses to surpass 0.9800 and reach 0.9730 as a...
Read More »FX Daily, December 18: Trade Tensions with China Set to Escalate
Swiss Franc The Euro has risen by 0.10% to 1.165 CHF. EUR/CHF and USD/CHF, December 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Trends The two main legislative initiatives in the US this year, the repeal of the Affordable Care Act and the tax changes, are not particularly popular. However, the next items on the agenda appear to enjoy broader support. The infrastructure...
Read More »FX Daily, December 15: Premium for Dollar-Funding is not Helping Greenback Very Much
Swiss Franc The Euro has risen by 0.28% to 1.168 CHF. EUR/CHF and USD/CHF, December 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The cross-currency basis swap continues to lurch in the dollar’s direction, especially against the euro, and yet the dollar is not drawing much support from it. The increasing cost reflects pressure for the year-end and does not appear to...
Read More »FX Daily, December 14: US Rates Bounce Back, but Dollar, Hardly
Swiss Franc The Euro has risen by 0.18% to 1.1673 CHF. EUR/CHF and USD/CHF, December 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates US interest rates have recovered the drop seen after the FOMC yesterday, but the dollar at best has been able to consolidate its losses and at worst, seen its losses extended. The Fed boosted its growth forecasts and lower unemployment...
Read More »FX Daily, December 13: Greenback Quiet Ahead of Five Central Bank Meetings
Swiss Franc The Euro has fallen by 0.06% to 1.1633 CHF. EUR/CHF and USD/CHF, December 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge GBP / CHF Since the end of August the pound has been making inroads against the Swiss Franc and recovering from the dramatic drop in exchange rates since the Brexit vote over 18 months ago. GBPCHF has gained 8 cents in 4 months. To put this into...
Read More »Weekly Technical Analysis: 11/12/2017 – USD/CHF, USD/JPY, EUR/USD, GBP/USD, Gold
USD/CHF The USDCHF pair begins to bounce higher after approaching from 0.9892 level, supported by the EMA50 that meets the mentioned level, while stochastic shows clear bullish trend signals on the four hours time frame. Therefore, these factors encourage us to keep our positive expectations in the upcoming period, waiting for visiting 1.0038 level as a next main station, being aware that breaking 0.9892 will stop...
Read More »FX Daily, December 11: Dollar Mixed to Start the Week, While Equities Firm
Swiss Franc The Euro has risen by 0.09% to 1.1691 CHF. EUR/CHF and USD/CHF, December 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is narrowly mixed in relatively quiet activity. Year-end adjustment is well underway, and the news stream is light to start the week that sees more than a dozen central bank meetings. There is little doubt in the market...
Read More »FX Daily, December 07: Equities and Oil Stabilize
Swiss Franc The Euro has risen by 0.17% to 1.1693 CHF. EUR/CHF and USD/CHF, December 07(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Global equities are stabilizing today after the recent downside pressure. The MSCI Asia Pacific Index snapped an eight-day slump with a 0.4% gain, led by a rebound in Tokyo and India. European markets are firm, with the Dow Jones Stoxx...
Read More »FX Daily, December 05: Sterling Sold on Negotiating Snafu, Aussie Bounces on Retail Sales and RBA
Swiss Franc The Euro has fallen by 0.05% to 1.1678 CHF. EUR/CHF and USD/CHF, December 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is confined to narrow ranges against the euro and yen, straddling unchanged levels in the Asian session and the European morning. The action in elsewhere. The British pound is the weakest of the majors, paring 0.4% against...
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