CHF has gained handsomely on the worries over global growth, tightening credit conditions and the steady deterioration in risk appetite. FX models say relative to the move in risk sentiment (captured by option vol, credit spreads and equities), EUR/CHF is now broadly fairly valued.
Evidence of global economic recoupling will see the CHF appreciate further against [...]
Entries Tagged as 'USD/CHF'
CHF has gained handsomely on the worries over global growth
April 6th, 2008 · No Comments
Tags: USD/CHF
USD/CHF: Valuations Move to Neutral Levels
March 27th, 2008 · No Comments
USD/CHF – Failure to reach resistance at 1.0328 increases the chances of a return to 0.9651 in the weeks ahead.
Although USD/CHF engaged in a price correction last week, the failure to reach initial resistance at 1.0328 indicates that bearish USD sentiment remains prevalent. With valuations moving from oversold to neutral, the resistance at 1.0328 will attract [...]
Tags: USD/CHF