Pound Spikes Up Against Majors
In early European deals on Thursday, the pound advanced against other major currencies despite a report showed that the UK trade deficit widened in February. The UK's visible trade gap increased in February and exceeded economists' ...
EUR/CHF Fundamental Analysis April 12, 2012, Forecast
EUR/CHF is trading at 1.2011 pushing the SNB floor. The pair hit a low of 1.2010 as speculators tried to push the currency down to force the SNB move.News from the Switzerland was quiet and subdued, and news from the eurozone was in decisive.
EUR/CHF Forecast April 12, 2102, Technical Analysis
The EUR/CHF pair rose on Wednesday as the 1.20 level continues to hold the market up. The Swiss National Bank has imposed a “floor” at this level, and as a result has vowed to defending it by buying “unlimited Euros”. This makes for a tight marke
AUD/USD lifted ahead of Aus jobs data
AUD/USD has rallied to a session high of 1.0326 from the 1.0300 area, fueled by general US dollar weakness on comments by the Fed's vice chairwoman, Janet Yellen. She argued that short-term interest rates should be kept ...
SNB floor rumour, Goldman's O'Neill: SNB may rises EUR/USD floor to 1.25
Goldman Sach analyst Jim O'Neill has affirmed today that the Swiss National Bank may raise its EUR/CHF floor from 1.20 to 1.25 quoting Economy and Finance minister in Switzerland has affirmed that 1.35 and 1.40 levels are ...
Swiss Franc Strengthens Against Majors; SNB Vows EUR/CHF 1.20 Cap
The Swiss franc strengthened on Wednesday morning amid Swiss National Bank reiterated its stance to keep the EUR/CHF floor rate at 1.20. Swiss National Bank's interim President Thomas Jordan said in a press briefing on Tuesday that the ...
EUR/CHF Fundamental Analysis April 11, 2012, Forecast
Analysis and Recommendations:EUR/CHF is trading at 1.2014 just a tad over the SNB preset floor limit. The pair are trading at the bottom of today’s price range. The euro was trading higher earlier in the session at 1.2030, but as worries over
GBP/CHF Trading At Key Resistance Around 1.46
The GBP/CHF is again trading at the important pivot zone seen in the daily chart around 1.46. So far in 2012, the market has falling from this area down to 1.4175, and has formed an inverted head and shoulders type of pattern, with 1.46 area as t
EUR/CHF Fundamental Analysis April 10, 2012, Forecast
Analysis and Recommendations:EUR/CHF is holding at 1.2012. The markets have been closed since Thursday for the Easter holiday. On Thursday, the euro hit the 1.20floor and bounced off right after touching a 1.1990 price. Rumors are that the SN
USD/CHF attempts to get above 0.9200
The USD/CHF spent the European hours growing steadily to make a rally attempt in early NY trade. The pair was able to reach 0.9207, but quickly got back below the psychological level. At the moment of writing, it trades at 0.9192.
Disappointing Jobs Report Sends USD Tumbling
The EUR/CHF continued to move down to close the week out just above the 1.2000 level. Turning to today, traders will want to note that investor sentiment toward the euro is for the most part still bearish. With no euro-zone news scheduled for today due ...
USD/CHF Outlook April 9-13
The dollar performed well this week, as USD/CHF rose 150 pips, closing at 0.9160. The upcoming week is very quiet, with only one release this week. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF.The dol


