CHF

Swiss National Bank Chairman of the Governing Board, Martin Schlegel, speaking Friday

• Carlos Lenz, Head of Economic Affairs, SNB is also speaking

CHF traders note - Two Swiss National Bank speakers due Thursday, November 21

Switzerland October trade balance CHF 8.06 billion vs CHF 4.95 billion

• Latest data released by the Federal Statistics Office - 19 November 2024

USDCHF is backing off highs going back to July and back below 61.8% retracement

• The break above the 61.8% retracement of the move down from the May high at 0.88989 failed last week. The 100 hour MA is being tested.

USDCHF Technical Analysis – Will the US Dollar reach new highs?

• The USDCHF pair failed to extend the rally into new highs despite higher than expected US inflation data and a less dovish Powell. What’s next?

SNB total sight deposits w.e. 18 November CHF 463.4 bn vs CHF 463.5 bn prior

• Latest data released by the SNB - 18 November 2024

Potential euro recovery: UBS forecast for EUR/USD in 2025

• UBS analysts foresee opportunities for euro, pound, and Swiss franc.

Switzerland October producer and import prices -0.3% vs -0.1% m/m prior

• Latest data released by the Federal Statistics Office - 15 November 2024

USDCHF Technical Analysis – A look at the chart ahead of the US CPI

• The USDCHF pair continues to appreciate amid bets of an earlier than expected Fed pause. What’s next?

BofA: Life don't come easy for CHF: What's the trade?

• Bank of America on the Swiss franc

USDCHF extends above the 200 day MA

• Top of swing level on the daily going back to May 2023 has swing level up to 0.88379

USDCHF trades above and below the 50% midpoint of the move down from the May high

• The 50% is at 0.87986. The falling 200 day MA and swing area at 0.8817 and up to 0.8825 area giving traders some cause for pause ahead

SNB total sight deposits w.e. 8 November CHF 463.5 bn vs CHF 456.6 bn prior

• Latest data released by the SNB - 11 November 2024

USDCHF bounces off the 38.2% retracement level today. Why is that important?

• The 38.2% of the move down from early May comes in at 0.8698

USDCHF Technical Analysis – The strong rally in the US Dollar stalls

• The USDCHF pair couldn’t extend the rally above the key resistance zone. What’s next?