USD/CHF Outlook April 23-27
USD/CHF lost ground at the end of the trading week , closing at the 0.9085 level. The upcoming week is a quiet one, with only three releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF.After driftin
EUR/CHF Forecast April 23, 2012, Technical Analysis
The EUR/CHF pair fell for the session on Friday as the bears continue to push this pair lower. However, the 1.20 level just below is the well-known “minimum acceptable exchange rate” that the Swiss National Bank has put in place, and as a result
EUR/CHF Forecast for the Week of April 23, 2012, Technical A
The EUR/CHF pair continues to grind sideways and just above the 1.20 level as the market worries about the Swiss intervening. This is a reaction to the “minimum acceptable exchange rate” of 1.20 in this pair as dictated by the Swiss National Bank
EUR/CHF Weekly Fundamental Analysis April 23-27, 2012, Forecast
EUR/CHF is frequently chosen for carry trades which involves going long a high-yielding currency (EURO 3.50%) against a low-yielding one (CHF 1.50%). Traders earn daily interest fees when holding this pair long (rollover fees).
Flash: Range trading expected for EUR/USD next week Commerzbank
In the weeks and months ahead, the likelihood is not of a steep decline in the EUR/USD, but rather a creeping erosion, with the pair expected to trade in ranges in the next week, according to Ulrich Leuchtmann, ...
Nestl Annual General Meeting: Strong support from shareholders for Board ...
The shareholders further approved the proposed dividend of CHF 1.95 per share, and agreed to the capital reduction. All proposals of the Board of Directors were approved with strong majorities. Shareholders re-elected Mr Daniel Borel to the Board for a ...
USD/CHF slides 0.41%
The greenback has lost 0.41% agaisnt the swissie during the early hours of the European trading session after the pair closed in the red yesterday (-0.13%). Existing home sales in the US fell short of expectations with a MoM ...
EUR/CHF Forecast April 20, 2012, Technical Analysis
The EUR/CHF pair rose slightly during the session on Thursday as the 1.20 level continues to keep the market afloat. The Swiss National Bank has implemented a “minimum acceptable exchange rate of 1.20” for this pair, and as a result we simply can
AUD/USD suddenly spikes
After erasing most of its Tuesday gains and falling back below the 1.0400 mark, AUD/USD is suddenly well bid ahead of the Tokyo opening, now targeting fresh session highs above 1.0380 vs 1.0356 late Wednesday in NY.
EUR/CHF Forecast April 18, 2012, Technical Analysis
The EUR/CHF pair fell on Tuesday as the Euro failed to impress overall. The pair has a massive “minimum acceptable exchange rate” at 1.20 as dictated by the Swiss National Bank, and as a result we cannot sell at these low levels. While it is true
EUR/CHF Fundamental Analysis April 18, 2012, Forecast
Analysis and Recommendations:EUR/CHF is trading at 1.2013 coming closer and closer to the floor set by the SNB. The pair traded in a tight range today. Tomorrow brings the ZEW survey for Switzerland, if the numbers as positive we might just s
Fundamental Update: What does China's currency move really mean?
However, this could be due to broad dollar moves rather than a special relationship between the SGD and AUD. The performance of the Singapore dollar also has no correlation of note with the renminbi on both a long and short-term basis, although its ...


