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 Retail Sales Underperforms, Matches Region
May 2, 2011 6:55 pm by Greg HoldenWith economic activity suppressed lately, this morning’s retail sales figures out of Switzerland should be of no surprise for investors. The reading appears to have had little impact on the value of the Swiss franc, though, largely as European markets ...
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.
Swiss Franc Benefits from Safe Haven Buying
February 23, 2011 10:36 am by Russell GlaserRising geopolitical tensions across the globe have directed safe haven flows into the Swiss franc.
GBP/CHF Revealing Impending Weakness for Pound?
February 8, 2011 7:41 am by Greg HoldenThe British pound has been reaching significant resistance lines against a number of its primary currency rivals. A chance exists that the pound could see some downward retracement over the next several days as investors test the strength of these ...
GBP/CHF Meeting Resistance at 1.5388
January 21, 2011 7:30 am by Greg HoldenThe British pound has had difficulty breaching the 1.5388 price barrier against the Swiss franc lately. Over the past several days the GBP/CHF has attempted a breakthrough beyond this border, but has met staunch resistance each time.
GBP/CHF – Testing 1.5039 Resistance
January 11, 2011 8:00 am by Greg HoldenThe GBP/CHF, after experiencing a moderate upturn, appears to be leveling off as it meets its first significant resistance level at 1.5039.
USD and CHF Bullish ahead of New Year Celebration
December 29, 2010 9:00 am by Greg HoldenAfter a modest uptick against most of its currency rivals yesterday, the US dollar appears to be running favorable as low liquidity and market timidity factor into year-end trading.
USD/CHF May Attempt Second Breach of 0.9600 Today
December 24, 2010 10:00 am by Greg HoldenThe Swiss franc’s bullish run against most of its currency counterparts may begin to see corrective movement as the year comes to an end.
Swiss KOF Barometer on Tap Today
September 29, 2010 10:32 am by Dan EduardThe US dollar continued to trade bearish against its main currency rivals yesterday, as worse than predicted economic indicators renewed suspicions that the Fed will soon begin a stimulus program to boost the greenback. Following the disappointing news, the ...