EUR/USD unwinds back to around European opening levels
By Pete Jackson || May 1, 2012 at 09:41 GMT Wondering if my theory may have been right, about the major offers in the high 1.3270s, and notice USD/CHF is a tad perkier around 0.9060 from 0.9045 one month lows earlier. Can't see this going anywhere ...
ForexLive European Wrap
All a bit of a damp squib after the RBA initially surprised with a 50 bps cut in Asia this morning. The move came despite marginally improved Chinese PMI data (although below expectations), but showed the RBA was taking a braver stance and thi
Daily Majors Fundamental: EUR/USD, USD/JPY, USD/CHF
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...
USD/CHF slides 0.13% ahead of US indicators
The greenback has lost 0.13% against the swissie during the early hours of the European trading session. At 14:00 GMT, new figures for the ISM index and prices paid will be released. It is expected that they will both ...
USD/CHF: Trading the Swiss Retail Sales
Swiss Retail Sales is considered one of the most important indicator of consumer spending. The indicator’s release early this month provides analysts and traders with an early look at consumer spending. A reading that is higher than the market fo
EUR/CHF Fundamental Analysis May 1, 2012, Forecast
Analysis and Recommendations:The EUR/CHF is trading at 1.2014 at a virtual standstill since last week. The pair closed Friday’s session at 1.2014. This continues to be a private battle between the euro bulls and the SNB. The SNB drew the line i
GBP/USD Trading Near Key Resistance
By Fan Yang GBP/USD has been rallying for 2 straight weeks, pushing above the 200-week simple moving average, and is now at an important resistance pivot near 1.63 as the market begins the 4/30-5/4 trading week. This was a resistance pivot back in Oct.
SNB Logs CHF 1.7 Bln Loss In Q1
The report showed that losses on foreign currency positions totaled CHF 2.6 billion as the Swiss franc appreciated against major investment currencies. Meanwhile, a valuation gain of CHF 0.8 billion was achieved on the unchanged gold holdings.
USD/CHF weekly outlook: April 30 - May 4
Earlier in the week, Fed Chairman Ben Bernanke left open the possibility of further measures to bolster economic growth, following the central bank's monetary policy meeting. A separate report by the University of Michigan showed that its index of ...
EUR/CHF Forecast April 30, 2012, Technical Analysis
The EUR/CHF pair continued to grind sideways on Friday as the floor set by the Swiss National Bank at 1.20 held firm yet again. The pair is essentially “dead money” on the short side as the central bank simply isn’t going to let a fall from this
Franc Still Overvalued, SNB Ready To Take Measures: Jordan
The Swiss currency is still overvalued at CHF 1.20 against the euro, posing major challenges to the economy, Swiss National Bank President Thomas Jordan said Friday. "The year 2012 is likely to be another difficult one. At CHF 1.20 against ...
Looks Like A Good Time To Re-long USD/CHF, EUR/CHF
FX strategists at Credit Agricole CIB think that it's a good time now to re-enter long USD/CHF and EUR/CHF trades.They state 3 main reasons behind that: 1) Many investors have already exited their long positions in the face of the resilient C


