GBPCHF Archives - Page 3 of 3

March 27, 2012March 27, 2012

Sterling Digest: March 27, 2012

Britain's budget for global business — Weak economy, strong sterling. Go figure.

Sterling refuses to weaken even as economic data slips and members of the BoE still look to add more QE. The $GBPUSD continues to make higher highs at 1.5999 though still remains capped by the major 1.60 level. Even the almighty commodity dollars (AUD, NZD, and CAD) are weak against the GBP. Are we seeing the beginnings of a bear trend reversal in sterling?

Why is the UK economy failing? (Marginal Revolution)
GBPUSD Update (50’s Blog)
GBP/USD 27 MARCH 2012 (FX DAILY FORECAST)
GBPCHF Daily (MyPict)
Charts, 2012 – Week 13 (Stoic Trading)
EURGBP Daily (Screencast)
Yen Pairs on Ichimoku 4 HR (Twitpic)

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March 22, 2012

Sterling Digest: March 22, 2012

UK - London: Oxford Street - Marks & Spencer — Most iconic chain store in the UK yet retail sales drop

Poor UK retail sales weakened sterling across the board. However, it remains to be seen if this weakness will be sustained or if it merely provides buying opportunities for bulls.

The U.K. 2012 Budget in Two Minutes (Bloomberg)
RETAIL SALES DISAPPOINT (EconomicsUK.com)
UK CBI: Manuf Output Expectations, Inflation Pressures Rise (Forex Live)
UK inflation could be stickier than the BOE forecasts (Forex.com)
GBPJPY daily chart (@Nictrades on Chart.ly)
GBPUSD Update (50’s Blog)
GBPCHF 4HR (@MichaelHowe123 on Twitpic)

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March 14, 2012March 14, 2012

Sterling Digest: March 14, 2012

Coinage — Despite the bears, sterling won't fade easily

No real surprises from the $FED or the BoJ yesterday as both left interest rates unchanged. With equities higher still after the FOMC statement, it is hard to see risk currencies fall more from here. While the USD seems to be trading on fundamentals (rising on good US news after both US NFP and somewhat hawkish Fed statement), it remains to be seen if that is a new shift in the market or if risk still rules investor sentiment.

Preview: UK Claimant Count – Will Employment Data Knock Back GBP? (fxtimes)
First Two 2012 Fed Statements Side By Side (The Basis Point)
No Real Easing from Bank of Japan This Time (Earnfx)
GBP/AUD: On The Verge Of A Significant Breakout (FX360)
GBPCHF 4H (@800PipGorilla on MyPict.me)
EURUSD, GBPUSD, EURJPY Key Levels and Bias (Tics&Pips)
A technical break on a more fundamentally anchored pair (@johnkicklighter on Chart.ly)

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