USD/CHF Outlook Feb. 6-10 2012
The Swiss franc took a break from its recent huge rally against the US dollar, showing little change on the week. There are four releases in the upcoming week . Here is an outlook for the Swiss events, and an updated technical analysis for USD/CH
Swiss risk deflation if euro crisis worsens: Jordan
The Swiss National Bank fears that an escalation of the euro zone's debt crisis could prompt deflation, Thomas Jordan said in his first speech since becoming interim chairman of the central ...
Euro Pares Gain After German Industrial Production
The data from the Federal Ministry of Economy and Technology revealed that German industrial production declined unexpectedly in December. Production dipped 2.9 percent from November, when it remained flat. Economists were expecting it to show nil ...
USD/CHF Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
USD/CHF Ranging Between 0.9088 and 0.9264
The bearish bias we saw in the previous update did not materialize into a breakout to the downside. Instead the market edged lower but bounced off the 0.9088 level. A The 1H chart shows that this came after a bullish divergence with the RSI readi
USD/CHF Forecast for the Week of February 6, 2012, Technical
USD/CHF had a slightly positive week for the last five sessions, but the candle shape is a shooting star as the bottom of the recent fall. The 0.91 to 0.90 levels are supportive, and the Swiss National Bank isn’t going to let the Franc appreciate
US Unemployment Claims may Boost Dollar
The US dollar spent much of the day today range trading against most of its main currency rivals, including the euro, British pound and Swiss franc. Traders were hesitant to bet against the greenback ahead of possible news on a Greek debt swap deal.
EUR/AUD holds bid tone on hope for Greek resolution
The Australian dollar surged to historical highs against the common currency overnight following the RBA's unexpected decision to keep benchmark interest rates on hold at 4.25%. EUR/AUD slid to 1.2130 immediately ...
French national debt to increase because of Euro zone situation
PARIS, Feb 8 (KUNA) -- France's public debt is to rise to close to 90 percent of Gross Domestic Product (GDP) this year instead of earlier forecasts of 88.3 percent because of net transfers from Paris to the new European Stability Mechanism (ESM) fund, ...
AUD/USD consolidates near 6-month highs
The Australian dollar consolidated near multi-month highs on Thursday as sentiment calmed on Athen's approval of a deal to avoid a debt default, and as the European central bank suggested an improvement in the region's ...
EUR/CHF Forecast February 7, 2012, Technical Analysis
The EUR/CHF pair continues to tread water just above the 1.20 level. The 1.20 level is a massive support level as the Swiss National Bank has labeled it as a “floor” in the pair. The pair simply cannot be sold at this point because of this. In fa
Dollar remains lower on outlook for Greece deal
The greenback was slightly higher against the yen and the Swiss franc, with USD/JPY gaining 0.20% to hit 76.91 and USD/CHF up 0.10% to hit 0.9126. Official data showed earlier that the unemployment rate in Switzerland held steady at 3.1% in January, ...


