CHF
USD/CHF: Bears Retain Control
…Forex broker and in 2009 became the world’s 1st Forex broker to obtain a Swiss banking license. Since its foundation in 2003, MIG BANK specializes in online Forex trading and remains a leading Forex broker for clients in more than 120 countries. No information…
Yen Continues to Extend Declines; Sterling Pressured by Dovish Minutes
By Joel Kruger, Technical Strategist for DailyFX.com Greece agreement out of the way but saga still ongoing UK Telegraph highlights some of the risks ahead Yen emerging as the major story amidst Eurozone mess USD/JPY breaks back above 80.00 for first time in 6 months Daily RSI at highest level in over 10 years BOE [...]
USD/CHF Forecast February 22, 2012, Technical Analysis
…pair as the pairs will react in unison to any kind of intervention by the Swiss National Bank. With this in mind, we only buy this pair, as the central bank is certainly bigger than we. The buying of dips allows us to build a larger position over time, and…
Swiss Franc (CHF) Technical Major Currencies (2012-02-22)
Morning Report The lower line of Keltner channel succeeded in providing the pair with a good support yesterday as it prevented it from breaching one of the most important support levels at 0.9080 as seen on the provided daily chart. Stochastic is moving
GBP/CHF Trading at Rising Trendline
The GBP/CHF has been trading sideways since finding resistance at 1.48. The trend prior to consolidation has been bullish from 1.1460 to 1.48. Part of the reason for this jump was the SNB stepping in to intervene, pressuring the CHF.
Stays in Swiss hotels sink as strong franc bites
…economy has discouraged people from taking expensive holidays. Despite the Swiss National Bank’s cap of 1.20 per euro, put in place on Sept. 6, the safe-haven franc is still nearly 30 percent stronger than it was before the financial crisis erupted in 2008….
Swiss franc flat as Greek deal doesn’t end debt woes
…to 121 per cent of GDP by 2020, helped the euro up against the dollar. The Swiss National Bank capped the franc at 1.20 per euro on Sept 6 to shield the economy from recession. Safe-haven investors worried about euro zone debts had pushed the franc up nearly…
USD/CHF Forecast February 21, 2012, Technical Analysis
…Union to send another bailout their way. The meeting of European Union Finance Ministers on Monday hasn’t produced an agreement yet, but at the time of writing they are still looking for solutions. The Swiss are working against the value of the Franc, most…
Swiss Franc (CHF) Technical Major Currencies (2012-02-21)
Morning Report The trading range for today is among key support at 0.8965 and key resistance at 0.9310. The general trend over short term basis is to the upside, targeting 0.9950 as far as areas of 0.8850 areas remain intact.
Swiss Companies Vie With U.S. for Global M&A Lead on Franc Gain
…per euro last year — its first such intervention since the 1970s. “A strong currency and balance sheets as well as the need for growth abroad make Swiss companies buyers,” said Juerg Glesti, a partner in corporate finance at Deloitte AG based in Zurich. To…
USD/CHF Classical Technical Report 02.21
…Setbacks have been very well supported in early 2012 ahead of 0.9000, and it looks as though the market could be looking to carve a medium-term higher low ahead of the next major upside extension. We will now look for a weekly close back above 0.9300 to provide…
USD/CHF: Trading the Swiss Trade Balance
…1.95B. Will the indicator rebound and beat the the market forecast this month? USD/CHF continues to trade in range, making some slight pushes in both directions. Uncertainty continues to be the name of the game as far as the financial crisis in the eurozone,…
Emirates NBD delays Swiss franc bond
…The lender had appointed Credit Suisse and BNP Paribas to assess a potential Swiss bond sale, sources told Reuters last week. “The bank has decided against it,” one ENBD source said, speaking on condition of anonymity. “The timing is not right,” the source…
French Franc Ends
…Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world. Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984,…
Swiss Franc (CHF) Technical Major Currencies (2012-02-20)
On Friday, the pair has closed back in the middle of the 0.9105-0.9310 range as seen on the provided daily chart. The sort of the gap formed with the weekly closing is unclear and we should watch out the price behaviors in addition to the daily closing t
Dubai’s Emirates NBD to hold off on Swiss franc bond – sources
…lender had appointed Credit Suisse and BNP Paribas to assess a potential Swiss bond sale, sources told Reuters last week. “The bank has decided against it,” one ENBD source said, speaking on condition of anonymity. “The timing is not right,” the source said,…
Sunday Salut to the Franc [Open Thread]
…check your inbox for a confirmation email. An error occured, please try again later. Friday was the last day French francs could be turned in for euros at the Bank of France, as the French quietly laid the old national currency, created in 1360, to rest….
Forex – USD/CHF weekly outlook: February 20 – 24
…markets will be keenly awaiting the outcome of Mondayâs meeting of euro zone finance ministers, while markets in the U.S. will be closed for the Presidents Day holiday. Also next week, the euro zone is to produce closely watched preliminary data on manufacturing…
USD/CHF Outlook Feb. 20-24
…line for now is 0.8768, which has not been tested since last November. USD/CHF continues to trade in range, making some slight pushes in both directions. Uncertainty continues to be the name of the game as far as the financial crisis in the eurozone, as it…
Emirates NBD eyes Swiss franc bond
Emirates NBD, Dubai’s largest bank, is planning to issue a Swiss franc-denominated bond and has appointed two banks to look at the sale, banking sources said. One of the sources said the banks appointed are Credit Suisse and BNP Paribas. ‘The two arrange
