EUR/CHF News
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On this page you can find all the latest EUR/CHF news written by the FX Empire expert analysts. Make sure to keep updated with all the latest events which effect the EUR/CHF market.
1.2469
0.0013 (0.10%)
1:40:04 (GMT)
Bid 1.2468
Ask
1.2469
Open
1.2454
High
1.2484
Low
1.2453
January 15, 2013| FX Empire Analyst - Barry Norman
Global Currencies Trading In Tight Ranges
This morning global currencies seem to be leveling off as trading patterns are shifting. The jubilation from Mr. Draghi and supported by comments from IMF director Lagarde seem to be waning. The EUR/USD is making a correction dipping 1.3362 down a few pips; gold and crude oil remain in positive territory as most currencies are trading in tight ranges. As the week began it initially looked as if markets would continue the same price activity from the end of last...
December 10, 2012| FX Empire Analyst - Barry Norman
The Italian Clown Weighs Heavily on the Euro
Investors got a chill up their spines this weekend as Silvio Berlusconi decided to reenter Italian politics. On Friday he announced his intentions to run for Prime Minister at the next election and then his party, the People of Liberty Party, withdrew their support for the government of current Prime Minister Mario Monti. Monti, a well respected banker and business man on the global financial scene for many years had the highest of reputations and was appointed to lead the...
September 20, 2012| FX Empire Analyst - Barry Norman
Forex Fundamentals
The greenback declined against the euro and other major currencies, after US economic data boosted equities, while the Japanese yen ended a short-lived drop against several rivals after the Bank of Japan surprised markets by expanding its own asset-purchase program. The ICE dollar index, which measures the greenback against a basket of six currencies, fell to 79.113 versus 79.226 late Tuesday in North America. Sales of previously owned homes and work on single-family projects climbed in August to the highest levels...
September 20, 2012| FX Empire Analyst - Barry Norman
Chinese HSBC Manufacturing PMI Disappoints
This morning markets are reacting to lackluster eco data from China. Traders were hoping to see a turnaround in manufacturing in China, with all the stimulus and programs launched by the Chinese government to help get growth back to forecast. HSBC PMI printed this today at 47.80 showing a continued contraction in manufacturing. PMI needs to report above 50 to show expansion. This is now the 11th consecutive monthly report showing contraction. Markets are expected to react throughout the day on...
September 10, 2012| FX Empire Analyst - Barry Norman
Fundamentals of the Forex Market September 10, 2012
The dollar index fell to a 4-month low, weighed down by gains in euro, after ECB took measures to lower borrowing costs for Spain and Italy. Greece officially entered the 5th year of recession and now that the ECB has relieved pressure on the euro, the troika will get back to dealing with Greece, Spain and Italy which should be the focus this week until the big day arrives for Mr. Bernanke on the 13h The dollar index, which measures the...
The Basics of “Outright Monetary Transactions” and Sterilized Bond Purchases
Yesterday after much hoopla, press and leaks (and I thought the CIA couldn't keep their secrets) the ECB and Super Mario, introduced their new "Outright Monetary Transaction" bond purchase sterilization program. Does that confuse you, it sure confuses me, and so I decided to take a look at this plan step by step. A) What will the European Central Bank buy? The ECB will buy sovereign bonds with maturities dates of up to 3 years with the aim of “protecting...
July 11, 2012| FX Empire Analyst - Barry Norman
German Judges Control the Future of the Euro
Judges of Germany's Governmental Court expressed worry over the course of day-long hearing earlier this week over finding the right balance between a quick ruling on the European Stability Mechanism's legality, and taking more time to get their decision right. Exactly when a decision will be offered was left open by the panel. The court adjourned following a nearly 11-hour hearing without offering particulars on its plans. Judges with their questions of witnesses suggested a two-part decision was perhaps most probably,...
May 28, 2012| FX Empire Analyst - Barry Norman
The Swiss National Bank Prepares Contingency Plan for the Collapse of the Euro
The SNB several months ago drew a line in the sand at 1.20 to protect the Swiss Franc. Since April 5th, when that line was violated for just a few minutes, the SNB has been every vigilante. The pair has traded within a small range staying close to 1.2010. As the euro crisis continues to grow, the Franc has remained oblivious due to the floor set by the bank. Recently as it becomes more and move possible for Greece to...
May 21, 2012| FX Empire Analyst - Barry Norman
The Euro Remains Under Pressure
Last week, there were ever more signs that the Greek/ EMU debt crisis was entering some kind of ‘end game’. Greek politicians failed to form a new government and the country is preparing for new elections. It is almost impossible to anticipate the political constellation after the June elections. Will Greece be able to form a government that can restart a real dialogue with the EMU? On the other side of the table, the stance of the EMU on Greece...
April 19, 2012| FX Empire Analyst - Barry Norman
Spanish Auction the Non Event – Markets Do Not Respond
The markets had been holding on pins and needles waiting for the Spain bond auction today. And what happened. Much of nothing. Spain’s Treasury sold EUR1.116 billion worth of two-year government bonds at an average yield of 3.463% earlier in the day, up sharply from 2.069% at a similar auction last month. The country also sold EUR1.425 billion of ten-year debt at an average yield of 5.743%, up from 5.338% at a similar auction last month. It was the highest...
March 30, 2012| FX Empire Analyst - Barry Norman
Economic Indicators And Reports For The Last Day Of The Week, Month And Quarter.
These are the notes from my desk as the day passed ending with US markets and moving back to European markets and all the way back to Asia. These are simply notes that I collected throughout the day from numerous sources. Consumer sentiment in March reached the highest in more than a year, as consumers grew more confident about their current economic conditions. The University of Michigan said the final reading for the consumer-sentiment gauge in March hit 76.2 —...
March 26, 2012| FX Empire Analyst - Barry Norman
Bernanke Sends USD down and Gold Up
Once again, Fed Chairman Bernanke sent the dollar plummeting and gold soaring. Many investors have begun to trade the Bernanke System. Each time he speaks he either pushes gold up or down and the opposite to the USD. In his surprising speech today, Bernanke said “reiterated themes that Federal Reserve policy makers have used to justify policy accommodation since last summer,” wrote economists at Nomura Global Economics, who said the arguments used by Bernanke — largely pointing to weakness in...
March 26, 2012| FX Empire Analyst - Barry Norman
A Recap of Monday Morning European Markets
Germany will back a temporary increase in euro-zone funds to help prevent the debt crisis in the bloc's periphery from jumping to other member states, with officials in Berlin signaling support over the weekend, according to a report Monday by the Financial Times. The report cited unnamed senior European officials as saying consensus appears to be building behind a proposal to keep the 440 billion euro ($583.63 billion) European Financial Stability Facility functioning when a new fund kicks in around...
March 09, 2012| FX Empire Analyst - Barry Norman
Do We Really Think That The Greek Crisis Is Behind Us…
The Greek ministry announced the result of its bond restructuring early Friday morning. The government claimed 83% of bondholders had willingly submitted to the deal, and that it would invoke supposed collective-action clauses to force the exchange on almost all of the rest, bringing collaboration up to 96%. Greece had estimated 206 bn. ($273 bn.) in bonds for the exchange. Just over a hundred bln will be cut from the amount Greece owes. While a consummated debt swap has been...
March 08, 2012| FX Empire Analyst - Barry Norman
BoE and ECB Bank Decisons Up To The Minute
Three years of extremely low interest rates will slide past today with little sign that the Bank of England is set to ease up on its emergency support. Economists think rates will remain at 0.5% until the end of next year and possibly for as long as three more years, adding to the pain for savers. They seem to be following the guideline of the US Federal Reserve who announced their policy of maintaining low interest rates until the end...
March 03, 2012| FX Empire Analyst - Barry Norman
February’s Central Bank Comments and Interpretations
The Bank of Canada moved forward its projection for the closing of the output gap to 2013Q3; but, a week later, the Fed said that rate hikes aren’t likely until at least late 2014. The Bank will remain comfortably on hold through 2012 and much of 2013; but, if the Monetary Policy Report projection and Fed expectations stay unchanged, 2013 will be an interesting year for Policymakers. Official Rate: 1.00% • Quantitative Easing: No • Last Decision: January 17, unch...
February 25, 2012| FX Empire Analyst - Barry Norman
February Ends and March Rolls in with a Slew of Economic Events
A big economic week in the United States dominates overseas news in the week ahead, with GDP data for the fourth quarter due. When one month end and another in the middle of the week, the markets is inundated with economic data. It will keep the markets hopping. Around the globe there will be a lot of news and data. Lets not forget the G-20 conference in Mexico starting on today. The G20 is a forum for informal discussion which seeks...
February 23, 2012| FX Empire Analyst - Barry Norman
Will The EU Revise Their Austerity Program
Negative economic growth may persuade the EU to give countries such as Spain softer deficit targets but there will be no let-up in the overall austerity drive as the continent struggles to draw a line under its two-year debt crisis. The EU has set a course and intends on following their path to failure. The European Commission will release its latest 2012 and 2013 forecasts for the 27-nation bloc today. Sources believe it will show a steep fall in activity...
February 21, 2012| FX Empire Analyst - Barry Norman
The Last Words on Greece
The deal is done, Europe saves Greece and we are now witnessing the death of the Greek Civilization. Did they teach about this in Ancient Civilization courses at University? I hope this is the last article I have to write on Greece for several months at least. After more than 12 hours of negotiations, the 17 nation eurozone made up of countries that use the euro have reached an agreement to loan Greece €130 billion in additional bailout loans to...
February 17, 2012| FX Empire Analyst - Barry Norman
A Quick Review of Fridays Economic Indicators
Friday economic data in Europe and the US was mostly positive. Along with signals from Chancellor Merkel and also the ECB that a Greek deal might be close to materializing on Monday, investors were in more positive sentiments. Pushing the euro as high as 1.3997. Gold continued its descent as investors moved from safety to more risky assets. Euro-zone construction output moved up for the second month running in December, but that wasn't enough to stop a contraction in the...
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