EURCHF=X - EUR/CHF
| Previous close | 1.068 |
| Open | 1.068 |
| Bid | 1.072 |
| Day's range | 1.066 - 1.072 |
| 52-week range | 1.0661 - 1.1476 |
| Ask | 1.072 |
- FX Empire
Markets Saw “Glass Half Full” In Recent Data
The glass of economic data is half full if we estimate the reaction to the macroeconomic data. This applies to both last Friday’s U.S. employment report, and China’s GDP figures released this morning. The published data for the 4th quarter of 2019 showed that the economy slowed down to 30-year lows.
- FX Empire
Chapter 6 “Expanding Trade.”
“Expanding trade.” is the meat of the matter, but other than that, I think we’re chasing stories of ghosts of handshake trade truces past interjected with opinions on narratives that haven’t even evolved yet, so maybe time to let the dust settle before diving in
- FX Empire
Strong Swiss Franc Might Become Tougher Challenge for SNB
One-month implied volatility in the Euro/Franc Forex pair climbed to its highest level in nearly two months on Wednesday, up by as much as 11 basis points to 4.27%, according to Bloomberg.
- FX Empire
Slim Pickings
China is expected to toe the line on any weakness in the RMB as we move forward to negotiating Phase Two. No impulse for gold from the US CPI data as the inflation trend was broadly neutral for gold.
- FX Empire
Keep Calm, Less Than 24 Hours To Go.
Keep calm less than 24 hours to go in a week wholly dominated by developments in the middle east. With that in mind, we’re starting with a bang again this morning as a powerful explosion was heard at the Syria -Iraq border.
- FX Empire
EUR/CHF is Bearish Below 1.1050
- FX Empire
Key Risk Events for June
It promises to be an interesting month, especially as we build to what is a ‘live’ FOMC meeting in July, with implied at 62% chance of a cut. If Trump doesn’t converge with the Mexicans and Chinese then the Fed start chopping and that has huge implications – gold bulls will be feeling a tad excited right here.
- FX Empire
EURCHF With a Fresh Buy Signal. GBPUSD Drops From the Local Highs
EURCHF finally used the inverse head and shoulders pattern to climb higher.
