Daily Look

As the World Economic Forum in Davos gets underway businesses, investors and journalists are lining up to debate and get a better understanding of the action taken by SNB last …

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Chinese data overnight has given some mixed signals but whilst the headline growth figure for Q4 coming in just above expectations at 7.3% when it was expected to decline to …

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This week’s ECB meeting dominates the agenda, but after last week’s events on the Swissie, there is nothing that they are going to do that will match up to last …

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The Swiss franc soared as much as 30% on Thursday after the Swiss National Bank abolished the cap on the currency’s value against the Euro. The SNB said the cap, …

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If you consider Switzerland a country of boring bankers, think again. Around the world, foreign exchange trading floors remain in shock after the Swiss National Bank abandoned its efforts to …

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The impact of the SNB’s decision to remove the cap on the CHF proved to be a game-changed for markets. The SNB clearly expected an outsized reaction, judging from the …

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The Aussie has been boosted overnight by the rise in employment, allowing a push back above the 0.82 level on AUDUSD. This follows on from yesterday’s fall on the back …

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EURUSD Daily Pivots R3 1.1941 R2 1.19 R1 1.1835 Pivot 1.1794 S1 1.173 S2 1.1689 S3 1.1624   EURUSD formed a consolidating triangle pattern after the upside breakout attempt from …

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There were a few notable moves in FX on Tuesday. Despite weaker than expected CPI data, sterling managed to quickly reverse all of the initial losses, squeezing out a lot …

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A relatively subdued overnight session, the main exceptions being the yen and oil. Crude is now touching the USD 45 level on the front month Brent contract, whilst the yen …

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