News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here:
  • Markets Week Ahead: Euro, Dollar, Gold, S&P 500, Earnings, Inflation Check out @RichDvorakFX's latest market recap and preview plus all the weekly forecasts from the @DailyFXTeam at the link below! Link to Analysis - $EURUSD $SPX #Trading
  • Looking for a new way to trade reversals? One of the most used reversal candle patterns is known as the Harami. Like most candlestick formation patterns, the Harami tells a story about sentiment in the market. Get better with trading reversals here:
  • The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It is also referred to as the monthly market mover. Find out why it has been given this nickname here:
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the potential for volatility is heightened. Get your stock market forecast from @PeterHanksFX here:
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here:
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here:
  • The US Dollar Index traded higher last week, sustaining its broader uptrend. Conflicting technical signals urge caution, but the directional bias remains skewed to the upside. Get your weekly USD technical forecast from @FxWestwater here:
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
Swiss Investor Confidence Rises, But is Still Negative

Swiss Investor Confidence Rises, But is Still Negative

Benjamin Spier, Technical Strategist

THE TAKEAWAY: ZEW Credit Suisse expectation for economic growth survey reported at -33.3 -> Swiss economy continues to show resilience -> Swiss Franc trading steady

Swiss investor confidence rose in August, but remained overall negative for the fourth month, according to the ZEW Credit Suisse expectation for economic growth survey. The survey was reported at -33.3, beating July’s -42.5 result. However, the current economic situation survey was reported at 11.0, still positive but lower than July’s 18.4 survey result.

The improving investor confidence comes at a time when the Swiss economy has continued to perform well in 2012 despite the nearby Euro debt crisis. Two weeks ago, Swiss retail sales were reported as improving for the ninths straight month. The Swiss National Bank said they will continue to provide a 1.2000 floor in EURCHF trading so as to prevent the risks from an overly strengthened Swiss Franc.

The Swiss Franc did not trade significantly higher against the US Dollar following the improved survey result. USDCHF is currently testing a 3-week long downward trend line, which could provide resistance around .9793.

Swiss_Investor_Confidence_Rises_But_is_Still_Negative_body_usdchf.png, Swiss Investor Confidence Rises, But is Still NegativeSwiss_Investor_Confidence_Rises_But_is_Still_Negative_body_gbpusd.png, Swiss Investor Confidence Rises, But is Still Negative

“Meet the DailyFX team in Las Vegas at the annual FXCM Traders Expo, November 2-4, 2012 at the Rio All Suite Hotel & Casino. For additional information regarding the schedule, workshops and accommodations, visit the FXCM Trading Expo website.”

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.