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Research Results

Results for 'SNB'

2 articles with this tag name

USDCHF breaks above inverted Head & Shoulder neckline and long-term trendline resistance

Updated May 14, 2013 5:35:00 PM


The technical landscape for the Swiss Franc over the past month has been decidedly bearish – not only versus the US dollar, but also relative to the Euro. While some of the recent move may be attributed to rumors about the SNB raising the EURCHF floor from 1.20 to 1.25, the CHF weakness has been in the works for much of 2013 – See TECHNICAL UPDATE. Interestingly enough, EURCHF touched 1.2500 earlier today for  [...] Continue Reading


August ECB Rate Decision—Thursday, August 4, 2011

Updated Aug 3, 2011 3:00:00 PM


Research Note: Aug. ECB Rate Decision Summary Outlook: On Thursday August 4 at 0745EDT/1145GMT, the ECB is expected to announce a steady 1.50% interest rate decision, according to Bloomberg surveys. The main event will be the 0830EDT/1230GMT press briefing by ECB Pres. Trichet. We expect him to indicate that there will be no further rate hike at the September ECB meeting, likely using the ‘closely monitor all developments’ phrasing. July Eurozone CPI dropped from 2.7%  [...] Continue Reading

Tags: AUD, AUD/JPY, CHF, ECB, EUR, NZD, SNB

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