June 7th, 2011 13:42:33 GMT.

EUR/CHF: Breaking higher

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EUR/CHF finding some strong buying interest from model accounts now with a break through 1.2260 tripping some short covering back to 1.2281, which in turn has bounced USD/CHF to a day’s high of 0.8374

2011-06-07T13:42:33+0000

June 6th, 2011 09:05:30 GMT.

USD/CHF,EUR/CHF: Buyers

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Reports of steady buying in both pairs this morning in a short squeeze, which has taken the cross to a session high of  1.2255. Talk now of stops postioned on a break of 1.2260

2011-06-06T09:05:30+0000
2011-06-02T08:44:10+0000

June 2nd, 2011 08:01:47 GMT.

EUR/USD ticks slowly higher

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Presently at 1.4390. Real money has been buying EUR/CHF and EUR/GBP this morning, and this will be lending EUR/USD some support. Talk of some light stops just above 1.4400.

2011-06-02T08:01:47+0000
2011-06-02T07:05:59+0000

June 2nd, 2011 00:55:07 GMT.

Risk trades reversing overnight falls

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We shouldn’t be at all surprised as Asia usually counter-trades the overnight trend. EUR/JPY is at 116.40, up from opening levels near 115.85 and EUR/CHF is also back above 1.2100 after opening near 1.2065.

2011-06-02T00:55:07+0000
2011-06-01T22:27:01+0000
2011-06-01T20:54:32+0000

June 1st, 2011 14:39:46 GMT.

Not much on the order boards in Swiss

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Down here in record territory, order boards are pretty bare, traders say. Not much until all the way down to 0.8250, from what we hear…Sell the rallies is the theme for this one and EUR/CHF as well.

2011-06-01T14:39:46+0000

June 1st, 2011 12:37:54 GMT.

A few Swiss orders

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USD/CHF sellers seen on bounces now to 0.8465. Barriers eyed at 1.2100 in EUR/CHF. Strong Swiss PMI earlier, combined with weak US data are the prescription for a firm franc. Amazing the economy holds up so well at record levels … Continue reading

2011-06-01T12:37:54+0000
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