By David Becker The Swiss Franc has enjoyed a nice run and has benefitted from being a safe haven currency similar to the Yen, but low interest rates in Switzerland and a negative interest rate differential to both the Euro-zone and the UK, are likely to generate a negative return to the Franc when unrest [...]
Tag Archives: CHF
Risk Aversion Sends Investors Back to Swiss Franc
By Barbara Zigah A lot can happen in two weeks. It was less than 10 days ago when eToro cautioned that the Swiss Franc appeared to be heading lower, a victim of its own strength. Since then, however, geopolitical tensions in the Middle East erupted; first in Tunisia, then in Egypt. The unrest is spreading [...]
Trading the Breaks Ahead of USD GDP and CHF KOF —- USD/CHF
USD/CHF has a potentially good setup depending on fundamental direction to “trade the break†ahead of United States GDP data and the Switzerland KOF report both due out tomorrow (see below for definitions of both). Right now USD/CHF is trading around 1.0520 with immediate support on the hourly chart sitting at 1.0510 shown by the [...]
