Dollar mixed on jobs data, European jitters
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.02% at 79.06. On Monday, Swiss unemployment figures and inflation data are due out as are numbers on German factory orders.
EUR/CHF Fundamental Analysis February 3 , 2012, Forecast
The Services Purchasing Managers’ Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys c
EUR/CHF Forecast February 3, 2012, Technical Analysis
EUR/CHF is falling over time, but Thursday saw a little bit of a reprieve. However, the gains were mostly given back. The Swiss National Bank is currently ready to defend the 1.20 level, and most certainly act if the pair falls below it. Because
Franc Flat as Trade Balance Decreases Even as Export Grows
The Swiss franc was flat today as Swiss exports advanced, easing concerns about a new intervention by the Swiss National Bank, but trade balance surplus decreased anyway.
US Dollar Index up ahead of Bernanke testimony
French and Spanish bond auctions have done well, in line with expectations, although market participants barely paid attention to them. As of writing, NZD/USD +0.10%, GBP/USD -0.19%, EUR/USD -0.38% AUD/USD +0.01% and USD/CHF +0.43%.
GBP/USD Fundamental Analysis February 3 , 2012, Forecast
The most encouraging with the unexpected drop in unemployment claims. Combined with Fed Chairman Bernanke's comments the USD maintained its strength against its trading partners. The Challenger Jobs report figures showed job losses in January totaled ...
USD/CHF Fundamental Analysis February 3 , 2012, Forecast
The USD/CHF trading at 0.9171 up from the opening. The USD gathered strenght through out the day on positive economic data and reports regarding Greece. At this writing it is the most confusing news, which can not be interpreted.
True Test Of SNB Mettle Has Yet To Come
(Dow Jones via eFXnews) The Swiss National Bank must be wondering what it has started.Its decision to cap the Swiss franc's rise at CHF1.20 against the euro last September has been successful in some ways.
For most of the time since then,
Upbeat Australian Trade Data Pushes Up AUD/USD To Fresh 5-month High - Westpac
EUR/USD traded close to break 1.3200 in afternoon deals and later steadied around 1.3170, while EUR/CHF pushed up to 1.2065. Commenting on Asian currencies, Westpac said that it remain cautious on Asian FX direction in the near term.
Swiss Trade Surplus Hits New Record High In 2011
Switzerland posted an all-time high trade surplus in 2011, helped by strong trade in chemicals and chemical products, the Federal Customs Administration said Thursday. The trade balance resulted in a surplus of CHF 23.8 billion in 2011, ...
EUR/CHF Fundamental Analysis Feb 2, 2012, Forecast
Economic Events: (GMT)07:00 CHF Trade Balance 2.85B 2.95B
The Trade Balance measures the difference in value between imported and exported goods
USD/CHF Fundamental Analysis Feb. 2, 2012, Forecast
Productivity and labor-related inflation are directly linked-a drop in a worker's productivity is equivalent to a rise in their wage. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading ...


