Today is Fri, July 31, 2015 23:14:48 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
Home » Currencies » CHF

Risk Aversion Dominates After Greece Votes “No”

Markets slide on Greece’s historic vote Greek-E.U. political jousting dictates proceedings Markets take Greek rejection in stride Investors look to central banks for guidance Capital markets were expecting a narrow “yes” victory in Sunday’s Greek referendum, the restart of negotiations with its creditors, and the likely end to Prime Minister Alexis Tsipras’s government. Instead investors […]

USD/CAD on Cusp of Breakout as EUR/USD Retreats

Talking Points: EURUSD back down towards $1.1100 after Greek letter circus. USDCAD breaking through TL from March, June highs. See the DailyFX economic calendar for Wednesday, July 1, 2015. The USDOLLAR Index is looking on firmer ground after yesterday’s recent uptrend retest. We’re not just talking about the individual components of the index, in particular […]

Top Trade Idea For July 1st, 2015 – USD/CHF

The constant barrage of Greek headlines continues unabated, with the latest batch of rumors suggesting variously that the “no” votes for this weekend’s referendum are gaining momentum, that the Greek government will cancel this weekend’s referendum, that a breakthrough deal between Greece and her creditors is imminent, and that the two sides are further apart […]

Safe Haven CHF Leaves Investors Exposed to SNB Wrath

Greece situation sets off highest market volatility since 2008 EUR filling in that plummeting gap SNB vocal about today’s intervention Market looking to yen for help Finding temporary safety to alleviate some of the Grexit pressure that is currently being imposed on capital markets is not that easy. Even the traditional safer option, like owning […]

Will Greece Ruin Capital Markets Weekend?

Major currencies contained for the moment Be prepared for a take-it-or-leave-it deal SNB’s Jordan will intervene or lower rates Liquidity to become more of an issue The forex market appears totally jaded with what’s going down, or not, with Greece and its creditors. For now, currency price moves are relatively contained, notwithstanding the odd fluctuation […]

The Skinny on Central Banks – RBA, BoE, FED, SNB and BoJ

This mix of overt and subtle withdrawal of market support is a key macro driver of recent increased volatility. Aside from Euro-Greek fiasco this week, there has been a handful of Central Bank rate announcements, growth projections, press conferences and minutes for the investor to digest. Having calmed investors for the past half-dozen years with […]

Top Trade Idea for May 6, 2015 – USD/CHF

US dollar bulls took one on the chin this morning with the release of the April ADP Non-Farm employment report. While not as widely-watched as the Friday’s marquee NFP report from the BLS, ADP’s report can still provide an accurate view of the health of the labor market, and based on this morning’s release, it […]

Pound May Prove More Responsive Than Euro to Eurozone PMI Data

Talking Points: Eurozone PMIs May Prove More Market-Moving for the Pound vs. the Euro NZ Dollar Slumps as RBNZ’s McDermott Talks Down Rate Hike Possibilities Franc Corrects Higher After Yesterday’s Aggressive SNB-Inspired Decline The preliminary set of April’s Eurozone PMI figures headlines the economic calendar in European trading hours. The region-wide composite index is expected […]

Grexit Fears Has Yields Tumbling and EUR Crosses Under Pressure

German bund yields print new record lows Grexit fears has spreads widening further Risk aversion pummels EUR crosses Commodity currencies find needed support Global yields continue to tumble, mostly on fear or lack of returns and modest growth prospects. It’s beneficial for investors to understand the relationship between various yields spreads to comprehend some of […]

Week in FX: A Wild Ride for Forex Traders

Dollar bulls require patience Norges Bank disappoints but looking to cut No clarity on currency intervention from SNB Greece remains in the frame Many are hoping that it will be a calm close to a mad week that happened to see the Federal Reserve temper enthusiasm for U.S. growth with imminent policy changes. A few […]

Swiss Franc May Rise as PPI Data Shapes Bets Ahead of SNB Meeting

Talking Points: Kiwi Dollar Outperforms as Asian Stock Exchanges Shake Off Early Losses Swiss Franc May Rise if PPI Tops Forecasts, Cooling SNB Stimulus Outlook See Economic Releases Directly on Your Charts with the DailyFX News App The New Zealand Dollar outperformed in overnight trade, rising as much as 0.4 percent on average against its […]

German Greek Standoff Dulls Forex

Greek drama continues to unfold S. front-end yields support dollar ECB’s policies squash periphery fears Fed in a position to change rhetoric Various asset classes are treading water this morning as investors await the outcomes of a couple of crunch meetings on the future of financial aid to Greece. The Greek drama continues to unfold […]

Stressed Euro, Slow China, and Growing U.S. Cause FX Problems

Market focus on consumer sector NFP breaks multi-barriers Strong buck heaps pressure on metals Market’s wary of SNB’s Jordan This week is expected to be light on the U.S. indicator front, but notable consumer sector numbers will be announced. After last Friday’s better-than-expected employment report, traders will be looking to see if the consumer sector […]

Franc Gains as ECB Shuns Greek Bonds, Pound to Look Past Static BOE

Talking Points: Franc Gains as ECB Says Greek Bonds Unacceptable as Collateral Australian, New Zealand Dollars Rise After China’s 50bps RRR Cut Bank of England Rate Decision Likely a Non-Event for the Pound The Swiss Franc outperformed in overnight trade, rising as much as 0.3 percent on average against its top counterparts. The move appears […]

Top Trade Idea For January 29th, 2015 – USDCHF

January was clearly the CHF month as the SNB dropping the 1.20 eurchf peg brought a higher chf all over the dashboard. However, I started to like the usdchf pair as from a technical point of view the whole move lower seems to be an impulsive move that ends a flat pattern on the bigger […]

Swiss Central Bank Takes Another Swipe at the EUR

SNB rumors hurts EUR Currency pairs trying to take a breather Recycle EUR’s to improve portfolio average Stateside weather postpones debt issues As most of the east coast of the U.S. focuses on the “historic” snowstorm of all proportions, rumored Swiss National Bank (SNB) action during the European session this morning has taken a swipe […]

ECB’s Draghi Cannot Afford to Lose Street Cred This Week

SNB coordinating damage control Draghi cannot afford to waiver Will the ECB “do whatever it takes?” China’s Q4 growth a little suspect Rate divergence is a major trading theme for 2015. Yet no one expected the imminent impact of varying rate policies so early in the new calendar year. For months the market has been […]

Yen Gains on Haven Flows as Chinese Stocks Drop Most in Five Years

Talking Points: Yen Gains on Haven Flows as Chinese Shares Slump on Lending Restrictions Swiss Franc Continues to Correct Lower After Last Week’s SNB-Driven Jump See Economic Releases Directly on Your Charts with the DailyFX News App The Japanese Yen outperformed in overnight trade, rising as much as 0.8 percent on average against its leading […]

SNB Causes CHF Flash Crash Game-Changer

SNB’s Jordan gets rid of EUR/CHF floor Swiss negative deposit rates effective immediately CHF cannot shake safe-haven appeal easily Last EUR buyer has no interest At least investors cannot complain as volatility remains healthy so far in 2015 despite many unknowns including if the European Central Bank’s (ECB) quantitative easing (QE) program will be tabled […]

Implications for EUR/USD, EUR/GBP after SNB Floor Collapses

Talking Points: EURCHF falls as much as 28% after SNB removes floor. Consequences for EURUSD thanks to ECB? Many, indeed. See the DailyFX Economic Calendar for Thursday, January 15, 2015. The Swiss National Bank’s decision to remove the EURCHF Sf1.2000 floor is a monumental development for FX markets. Sparing no few words, nothing more needs […]

Powered by DayLife

Complete Calendar