Forex Crunch » Jean-Pierre Roth

EUR/CHF – Wild Fridays – Courtesy of the Bank

Yohay — Sun, 14 Feb 2010 15:47:39 +0000

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.

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Forex Daily Forecast – November 30 2009

Yohay — Mon, 30 Nov 2009 00:00:01 +0000

The new forex trading week starts off with the Dubai crisis still looming. Canadian GDP, and European inflation will stand out in day with events from all over the world. Let’s see what’s up for the last day of November.

Arabic version of this post

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Parity Party for the Swissy

Yohay — Wed, 25 Nov 2009 18:49:49 +0000

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.

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Forex Daily Outlook – November 24th 2009

Yohay — Tue, 24 Nov 2009 00:16:11 +0000

After some dollar weakness but continuing range trading, at least for EUR/USD, an extremely busy day expects traders: revised GDP in the US, and Germany are only a few of the upcoming events in this long day. Here’s the (long) daily outlook:

Japan’s BOJ Monthly Report starts the day, with an insight into the economy. On the other side of the day, Japanese Trade Balance surplus is predicted to rise significantly.

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Forex Daily Outlook – November 20th 2009

Yohay — Fri, 20 Nov 2009 00:00:39 +0000

The last day of this week is rather quiet, but with a rate decision in Japan. Will the markets continue to be trade in the same ranges?

The BOJ gets together once again to make a rate decision. Japan’s Overnight Call Rate isn’t expected to budge from 0.1% – rock bottom. Yen traders will focus on the Monetary Policy Statement that accompanies the decision, and the following BOJ Press Conference. The Bank of Japan may change the economic forecasts.

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Forex Daily Outlook – November 17th 2009

Yohay — Tue, 17 Nov 2009 07:40:32 +0000

After Bernanke’s words and retails sales didn’t do much to the markets, today’s British CPI and American PPI stand out in quite a busy day. Let’s see what’s up for today:

Australia’s Monetary Policy Meeting Minutes didn’t send a clear message about future rate hikes. AUD/USD remains in the same trading zone as yesterday – around 0.9350. For more on the Aussie, read the AUD/USD forecast.

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Forex Daily Outlook – June 24th 2009

Yohay — Tue, 23 Jun 2009 21:00:09 +0000

Big day today in the forex market – the FOMC Statement is made. What will Bernanke hint about future interest rates? Apart from tensions towards the statement, the market will move on other important figures. Here’s the menu:

Iran is still in the news. How will the public react to the regime’s refusal to nullify the election results. Up to now, the Iran election crisis supported the dollar.

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Forex Weekly Outlook – May 4 – 8 2009

Yohay — Sun, 03 May 2009 00:33:34 +0000

Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week:

Monday, May 4th: Both British and Japanese banks are on holiday, so trading will start slowly. German Retail Sales are expected to stop falling. In the US, Pending Home Sales are predicted to rise by a modest 0.1%.

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Forex Daily Outlook – April 28th 2009

Yohay — Mon, 27 Apr 2009 21:22:19 +0000

The ongoing swine flu crisis will continue to make the forex market sneeze. Apart from that, CB Consumer Confidence is the main economic indicator of the day. And there’s more! Let’s dive in:

The swine flu is spreading quickly around the world, and cases have been reported virtually everywhere. This ignites fears of more economic pain – something that flocks traders into the dollar – risk aversion. More about the Swine Flu and the Dollar.

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Forex Daily Outlook – April 17th 2009

Yohay — Fri, 17 Apr 2009 00:33:16 +0000

The end of this short forex week includes Swiss Retail Sales, Canada’s CPI and the Prelim UoM Consumer Sentiment. Also note some important speeches. Lets’ see what’s up today.

Just as the day starts, Federal Reserve Bank of San Francisco President Janet Yellen will speak. Audience questions can trigger interesting statements.

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