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ECB’s half point cut too little too late

posted by aranel 11 days ago in GBP, CHF, Special made popular 11 days ago

The Swiss National Bank matched the move at any pass meeting this week, cutting rates to 2pc. It warned that the Swiss economy may contract nearest year because the dramatic rise in franc plays slaughter with exports. Denmark and the Czech Republ  read more

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Swiss franc ended the week down 1.8% against the US dollar

posted by princesa 7 days ago in CHF, Technical, Weekly made popular 7 days ago

The Swiss franc ended the week down 1.8% against the US dollar on signs of a modest recovery in risk taking activity and unwinding of safe haven trades including long francs against euros (had an indirect negative impact on franc versus the US$).  read more

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Swiss economy could fall into recession

posted by princesa 11 days ago in CHF, Fundamental, Employment made popular 11 days ago

The Swiss economy could enter a recession but the government is still confident jobless rates will not rocket, the country's economy
minister said in an interview published on Sunday.  read more

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USD/CHF Volatility Breakout on the Horizon

posted by DannyBly 9 days ago in CHF, Technical, Daily made popular 9 days ago

Pressure building up in the USD/CHF horizontal channel between the near support of 1.1710 and the multiple top resistance level of 1.1804.

Recent upmove is also contained within the larger upward sloping channel displayed in the chart.  read more

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Swiss franc ended the week up 0.8% against the US dollar

posted by eriathwen 17 days ago in CHF, Fundamental, Weekly made popular 17 days ago

The Swiss franc ended the week up 0.8% against the US dollar after last week's 2.6% decline as markets warmed to risk taking.  read more

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Swiss Franc Slides Versus Majors

posted by grink 16 days ago in CHF, Fundamental made popular 16 days ago

The Swiss franc posted weak performances against its major counterparts on Monday in New York, including week and a half lows versus the sterling and greenback.  read more

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Swiss Economic Expectations Improve Slightly in November

posted by ceronueve 6 days ago in CHF made popular 6 days ago

Thursday, a survey carried out by the Centre for European Economic Research or ZEW in cooperation with Credit Suisse showed that Swiss economic prospects improved slightly in November.  read more

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European markets fall, led by financials, commodities

posted by grink 7 days ago in GBP, CHF, Special made popular 7 days ago

The European markets fell for the second day on Wednesday, as growing concerns about the economic crisis hit financial stocks and falling crude oil and copper prices drove commodity stocks lower.  read more