US Unemployment Claims may Boost Dollar
February 8, 2012 4:17 pm by Dan EduardThe 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 ...
Swiss KOF Barometer in Decline
October 28, 2011 3:19 pm by Greg HoldenThis morning’s publication of Switzerland’s KOF Economic Barometer revealed an economic outlook that has dipped somewhat since last month’s reading. A combination of economic indicators is now portraying economic conditions slightly more pessimistically than before.
Swiss Economy Slowing Domestically
July 5, 2011 8:35 pm by Greg HoldenEconomic data released out of the local economy in Switzerland lately has shown a rising sluggishness affecting several sectors. Monday’s publication of retail sales data showed a sharp downturn in consumer spending, as well as domestic demand for retail goods.
Swiss ZEW Reading Outperforms Region’s
April 14, 2011 4:40 pm by Greg HoldenThis week’s report from the Zentrum fur Europaische Wirtschaftsforschung (ZEW) was hardly digestible in regards to Germany and the euro zone. Both reports failed to meet expectations and the euro came under solid resistance as a result of their publication. ...
GBP/CHF Bouncing Off 1.5000 Support Line
March 8, 2011 7:30 am by Greg HoldenThe GBP/CHF has recently found solid support at the 1.5000 price level. Technical indicators, and the pair’s general trend, now seem to suggest a steady upward movement is expected.
Weekly Summary: Feb. 28-Mar. 4
March 4, 2011 12:05 pm by Dan EduardForex traders saw extreme volatility throughout the week as several global developments impacted the market. Middle East violence, a possible euro-zone interest rate hike and continuous concerns regarding unemployment in the US have been driving the markets for the ...
AUD Toying with Key Resistance Levels
March 2, 2011 11:00 am by Greg HoldenFor those watching, the persistent rise of the Australian dollar (AUD) was given impetus recently by soaring commodity prices. With Australia’s economy linked with the price of precious metals, the climb in Gold and Silver has been met by a ...
Swiss Franc, Oil Remain Bullish Amid Libyan Unrest
February 23, 2011 9:58 pm by Dan EduardThe political turmoil engulfing Libya continues to weigh in on investor decisions in the forex market. Investor fears that the unrest could impede oil supplies out of the Middle East have sent the price of the commodity soaring in ...
USD/CHF Set for Bullish Correction
February 21, 2011 10:35 am by Anton EljwizatLast week bearish movement of USD/CHF cross hasn’t received much support as of late. Below, I will demonstrate that the USD/CHF pair has already commenced a upward trend for today, and the cross may rise another 50-110 pips in the ...
Sell Signals on EUR/CHF
February 10, 2011 11:34 am by Anton EljwizatA bullish movement of the EUR/CHF cross hasn’t received much support as of late. Below, I will demonstrate that the EUR/CHF pair has already commenced a downward trend for today, as a bearish cross has taken place on the Slow ...
