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.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Wall Street
Bearish
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.82% Silver: 0.27% Gold: 0.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/kDr5Y0tgRI
  • 🇧🇷 Business Confidence (JUL) Actual: 47.6 Previous: 41.2 https://www.dailyfx.com/economic-calendar#2020-07-10
  • High beta currencies are among the underperformers with the Pound on the back foot. Get your $GBPUSD market update from @JMcQueenFX here:https://t.co/c2wNgduMlI https://t.co/PjnbvM4w7J
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.65% FTSE 100: 0.52% France 40: 0.50% Wall Street: -0.02% US 500: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/q6ROX6VkUm
  • $Gold and $SPX have both held support at key zones thus far. End of the first full week of Q3 - next week brings on earnings season. https://t.co/19q9npaHNr https://t.co/mdBa6W9vs9
  • Join @malkudsi 's live #webinar at 10:00 AM ET / 2:00 PM GMT to learn about the basics of technical analysis and how to incorporate it into your trading . Register here: https://t.co/wFAMspwUfD https://t.co/ldxvf2AJgm
  • 🇨🇦 Average Hourly Wages YoY (JUN) Actual: 6.8% Previous: 9.96% https://www.dailyfx.com/economic-calendar#2020-07-10
  • $USDCNH | Dollar-Yuan bouncing back above 7.0 as broader bullish trend holds. Meanwhile, the US looks to move forward with federal contract bans on doing business with Chinese tech companies that pose national security risk, and now news China state funds are liquidating stocks. https://t.co/cxkjeDaWqJ
  • 🇨🇦 Full Time Employment Chg (JUN) Actual: 488.1K Previous: 219.4K https://www.dailyfx.com/economic-calendar#2020-07-10
  • 🇨🇦 Employment Change (JUN) Actual: 952.9K Expected: 700K Previous: 289.6K https://www.dailyfx.com/economic-calendar#2020-07-10
Forex News: UBS Reports Improved Swiss Consumer Demand

Forex News: UBS Reports Improved Swiss Consumer Demand

2012-11-27 08:00:00
Benjamin Spier, Technical Strategist
Share:

THE TAKEAWAY: UBS Swiss Consumption Indicator rises to 1.31 in October -> New car registration compensated for a loss in business retail activity -> franc trading unchanged

The Swiss UBS consumption indicator set a new 3-month high in October, rising to 1.31 from September’s revised 1.04 indicator. According to UBS, new car registrations compensated for weaker retail activity. The indicator is based on new car registrations, business activity in the retail sector an domestic overnight stays by Swiss residents.

Despite the better consumption indicator, the Euro gained slightly against the Swiss Franc in currency markets following the release. EURCHF is currently trading slightly below 1.2050, and resistance could be provided around here by a 2-month descending trend line, support could be provided by a recent level of support around 1.2033.

EURCHF 15-minute: November 27, 2012

UBS_Reports_Improved_Swiss_Consumer_Demad_body_eurchf.png, Forex News: UBS Reports Improved Swiss Consumer Demand

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

DISCLOSURES

News & Analysis at your fingertips.