Asia-Pacific stocks lacked firm direction as momentum faded from the record-setting performance on Wall St, where the S&P 500 and Nasdaq printed fresh all-time highs
Tag - chf - swiss franc
Looking ahead, highlights from macroeconomic calendar include regional and national German CPIs, US Chicago PMI, OPEC meeting, ECB's Lagarde and BoE's Tenreyro speeches.
Asian shares stalled near record highs on Friday
The vaccine news helped the risk-friendly Australian dollar, which climbed to a one-week high against its US counterpart.
EUR/CHF is a rarely traded asset. In the meantime, there is much to see!
Asian equity markets were mostly higher as the region took its cue from the predominantly strong performance stateside where the S&P 500 and DJIA rallied to fresh record highs.
GBP/USD has just surpassed the hurdle at 1.3005
EUR/USD very little changed since this morning trading at the area of 1.1680, while USDJPY is trading at 104.50
U.S. stock markets are set to open with a modest bounce after their worst day in over a month on Monday.
CHF/JPY retraced 61.8% of its August-September decline, corrected down, formed a higher low above the 100-day MA and now seems eager to rise to the 78.6% Fibonacci level at 116.90.
EURCHF is a rare cross pair that is nonetheless very interesting both from the technical and fundamental point of view. Let’s throw a strategic look at it to see what we may expect in the nearest future.
Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.