USD/CHF

Stuart Broad · 1 Re: USD/CHF Mon Jul 17, 2017 1:02 am

Stuart Broad

Number of messages : 137
Points : 2967
Date of Entry : 2016-07-16
Year : 34

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This pair was flat with the negligible loss of just 0.03%. So one can say this is the only pair in which USD was not the loser especially in the G10 currencies. May be the SNB (Swiss National Bank) is smoothing the price and not allowing the CHF to appreciate much. SNB’s favorite mode of intervention is this pair only. The last week was quite volatile for most pair with battered USD but this pair bucked the trend.

Stuart Broad · 2 Re: USD/CHF Mon Jun 12, 2017 9:29 pm

Stuart Broad

Number of messages : 137
Points : 2967
Date of Entry : 2016-07-16
Year : 34

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This pair bucked the usual trend affecting the USD and on the contrary posted gains of nearly 0.7%. Not bad at all. This at a time when USD data’s were more or less weak and the supporting factors were not good too. CHF is also a safe haven currency but the SNB monitors it highly and does not allow it to beyond a certain threshold!

Stuart Broad · 3 Re: USD/CHF Mon May 15, 2017 4:35 am

Stuart Broad

Number of messages : 137
Points : 2967
Date of Entry : 2016-07-16
Year : 34

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A very good week for this pair as it gained nearly 1.4%. Seems the move was entirely USD based as there was nothing much from CHF side with no big events/data’s from Switzerland. The market also was on risk-on mode as the French elections results moved on without much worry as the consensus candidate won which did not do any favors to the CHF or JPY. Nothing much to look forward next week too though traders might just focus on the usual factors.

Stuart Broad · 4 Re: USD/CHF Mon Apr 10, 2017 3:45 am

Stuart Broad

Number of messages : 137
Points : 2967
Date of Entry : 2016-07-16
Year : 34

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This pair started off the week at 1.0028, finishing at 1.0091 with a gain of 0.6%. CHF is a safe-haven currency like JPY and gains during time of risk-offs and uncertainty. But despite this, the pair managed to be in positive territory mainly due to late surge of USD on Friday despite having a poor NFP and geo-political risks! The coming week would show whether the uncertainty in markets has really gone or it was one-off theme!

Stuart Broad · 5 Re: USD/CHF Mon Mar 27, 2017 6:33 am

Stuart Broad

Number of messages : 137
Points : 2967
Date of Entry : 2016-07-16
Year : 34

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The range for the week was quite tight and the pair managed to drop around 0.70% in a risk-off market even though there was some late recovery primarily as a short term relief rally for USD as the Obamacare was not repealed, though the subsequent uncertainly might increase which might again put pressure on the US assets like USD. Guess investors won’t be taking too high risks and would want to ascertain the conditions before going for normal trading.

Stuart Broad · 6 Re: USD/CHF Sun Dec 11, 2016 10:34 pm

Stuart Broad

Number of messages : 137
Points : 2967
Date of Entry : 2016-07-16
Year : 34

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A week of gain with 0.64% with the pair starting off of at 1.0106 and closing at 1.0171 marked this pair’s movement this week which in my opinion was fairly tight range. The pair initially went down and later recovered. Nothing of much importance this week. The low’s and highs of the week were not that wide. Action undoubtedly shifts to next week’s busy schedule and traders would be on their toes, so to speak!

Vlad · 7 Re: USD/CHF Mon Feb 08, 2016 7:41 am