Forex Crunch » intervention http://www.forexcrunch.com Forex Trading with a Personal Touch Sun, 12 Feb 2012 09:57:51 +0000 en hourly 1 http://wordpress.org/?v= EUR/CHF Collapses As SNB Doesn’t Intervene to Further Weaken the Franc http://www.forexcrunch.com/eurchf-collapses-as-snb-doesnt-intervene/ http://www.forexcrunch.com/eurchf-collapses-as-snb-doesnt-intervene/#comments Thu, 15 Dec 2011 08:31:19 +0000 Yohay http://www.forexcrunch.com/?p=31977 The Swiss National Bank didn’t raise the floor under EUR/CHF. It didn’t make a new effort to weaken the Swiss franc. Many had expected that the Swiss would lift the peg from 1.20 to 1.25 or even 1.30. This didn’t happen.

This sends EUR/CHF falling sharply from 1.2350 to 1.2250 and the pair is still shaking.

Read the rest of the article EUR/CHF Collapses As SNB Doesn’t Intervene to Further Weaken the Franc]]> http://www.forexcrunch.com/eurchf-collapses-as-snb-doesnt-intervene/feed/ 0 Europe Losing the Currency War http://www.forexcrunch.com/europe-losing-the-currency-war/ http://www.forexcrunch.com/europe-losing-the-currency-war/#comments Wed, 06 Oct 2010 08:32:26 +0000 Yohay http://www.forexcrunch.com/?p=10261 The “currency war” is raging with countries intervening in the forex markets, devaluing their currencies and pausing on necessary rate hikes. Europe seems unable to deal with China and the rest of the world.  The Euro is on the rise and this will eventually hurt the European economies.

The big problem is China that maintains an artificially weak currency. China offers Europe so-called “support”, but this is a bear hug. Let’s see all fronts:

Read the rest of the article Europe Losing the Currency War]]> http://www.forexcrunch.com/europe-losing-the-currency-war/feed/ 11 Coordinated Intervention To Weaken the Yen? http://www.forexcrunch.com/coordinated-intervention-to-weaken-the-yen/ http://www.forexcrunch.com/coordinated-intervention-to-weaken-the-yen/#comments Sun, 29 Aug 2010 23:50:11 +0000 Yohay http://www.forexcrunch.com/?p=9332 The Bank of Japan announced an immediate emergency meeting to begin very soon – Monday 00:00 GMT. There are expectations for new easing steps to boost the economy. But there might be more – Will we see a global coordinated intervention to weaken the yen? Yen crosses are already on the rise.

The governor of the BOJ, Masaaki Shirakawa, shortened his visit in Jackson Hole, where he met other central bankers, and returned swiftly to Japan. At 00:00 GMT, or 9:00 Japanese time, the BOJ is meeting for an emergency meeting. It happens as the week begins in Japan, and very early for JPY crosses in other places in the world:

Read the rest of the article Coordinated Intervention To Weaken the Yen?]]> http://www.forexcrunch.com/coordinated-intervention-to-weaken-the-yen/feed/ 1 EUR/CHF at All Time Low – Massive Intervention Underway? http://www.forexcrunch.com/eurchf-at-critical-spot/ http://www.forexcrunch.com/eurchf-at-critical-spot/#comments Wed, 24 Mar 2010 06:21:08 +0000 Yohay http://www.forexcrunch.com/?p=6733 EUR/CHF is trading in the lowest level ever. Technicians will see it going further down, but the SNB might force it to go in the other direction. Will we see EUR/CHF rock on Friday? Updates on this cross.

EUR/CHF is now trading at 1.4244, the lowest level this pair ever traded in. It broke below the previous record of 1.4297 reached in October 2008, at the height of the global crisis, when the Swiss Franc was initially sought as the “safe haven” currency.

Read the rest of the article EUR/CHF at All Time Low – Massive Intervention Underway?]]> http://www.forexcrunch.com/eurchf-at-critical-spot/feed/ 0 EUR/CHF – Wild Fridays – Courtesy of the Bank http://www.forexcrunch.com/eurchf-wild-fridays-courtesy-of-the-bank/ http://www.forexcrunch.com/eurchf-wild-fridays-courtesy-of-the-bank/#comments Sun, 14 Feb 2010 15:47:39 +0000 Yohay http://www.forexcrunch.com/?p=6230 The Swiss central bank has increased its interventions in the markets in an attempt to weaken the Swiss Franc. The moves are seen best against the Euro. Here is how it looks on the graph + a few characteristics of these moves.

EUR/CHF intervention

Read the rest of the article EUR/CHF – Wild Fridays – Courtesy of the Bank]]> http://www.forexcrunch.com/eurchf-wild-fridays-courtesy-of-the-bank/feed/ 4 Parity Party for the Swissy http://www.forexcrunch.com/parity-party-for-the-swissy/ http://www.forexcrunch.com/parity-party-for-the-swissy/#comments Wed, 25 Nov 2009 18:49:49 +0000 Yohay http://www.forexcrunch.com/?p=4149 The Swiss Franc has reached parity with the US dollar. Apart from the general weakness of the greenback across the board, also the Swiss National Bank has a role in bringing USD/CHF to 1.

USD/CHF reached a year-to-date low of 0.9960 and trades now at a perfect 1.0000. The pair last reached this rate in April 2008. The Swissy enjoys general dollar weakness – this sent EUR/USD to 1.5140.

Read the rest of the article Parity Party for the Swissy]]> http://www.forexcrunch.com/parity-party-for-the-swissy/feed/ 0 Support Line – Courtesy of the Bank http://www.forexcrunch.com/support-line-courtesy-of-the-bank/ http://www.forexcrunch.com/support-line-courtesy-of-the-bank/#comments Wed, 30 Sep 2009 16:40:11 +0000 Yohay http://www.forexcrunch.com/?p=2277 The SNB did it again. They intervened in the forex market to weaken the Swiss Franc. Against the dollar, these moves sure are short lived, but regarding the Euro, the central bank sure marked a support line for EUR/CHF.

The Swiss National Bank intervened again in the currency markets to weaken the national currency. Like in previous cases, USD/CHF jumped in minutes by about 150 pips, from 1.03 to 1.0450. Like in previous cases, this jump was short lived. USD/CHF is now back down to 1.0370. Looking at the near past once again, USD/CHF is going down.

Read the rest of the article Support Line – Courtesy of the Bank]]> http://www.forexcrunch.com/support-line-courtesy-of-the-bank/feed/ 0 Swiss Franc Outlook – September 14-19 2009 http://www.forexcrunch.com/swiss-franc-outlook-september-14-19-2009/ http://www.forexcrunch.com/swiss-franc-outlook-september-14-19-2009/#comments Sun, 13 Sep 2009 17:46:35 +0000 Yohay http://www.forexcrunch.com/?p=2213 The Swiss Franc has been one of the currencies that most enjoyed the dollar’s big fall last week. Together with the very crowded week ahead, the Swissy sure is worth to watch. Here’s an outlook for 5 key events and a technical analysis for USD/CHF.

USD/CHF forex chart with support and resistance lines

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