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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUR
- USDCHF takes another leg lower, with selling orders hitting Equity futures.
- The Swiss Franc is now up 0.45% against the Greenback, but well within the past two session's range.
- All the focus is on the EURCHF, as it makes another attempt at the session low.
- The pair printed 1.02790 low last Thursday, also the lowest print since 30/04/15.
- Market participants will be watching these lower prints for any hints of SNB intervention.
- Further downside momentum, would open to the April 2015 low 1.02344, and lowest level since January 2015.
Chart source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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