By FXEmpire.com
Analysis and Recommendations:
The EUR/CHF traded at 1.2011 remaining in the same tight channel where they have been since early April. Today the markets were relatively quiet with virtually no eco data, in Switzerland, the consumer climate survey was reported at -8 beating the forecast of -15, either way the climate is negative just not as negative.
The euro was very quiet in today’s session and most currencies held pretty close to Friday’s close.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Economic Data May 21, 2012 actual v. forecast
Date |
Time |
Currency |
Importance |
Event |
Actual |
Forecast |
Previous |
May 21 |
00:01 |
GBP |
0.0% |
2.9% |
|||
06:45 |
CHF |
-8 |
-15 |
-19 |
Upcoming Economic Events that affect the CHF, EUR, GBP and USD
May 22 |
8:30 |
GBP |
3.5% |
|
8:30 |
GBP |
15.9B |
||
8:30 |
GBP |
3.6% |
||
TBD |
GBP |
|||
14:00 |
USD |
4.48M |
||
May 23 |
8:00 |
EUR |
-1.3B |
|
8:30 |
GBP |
0-0-9 |
||
TBD |
EUR |
-1.2% |
||
10:00 |
GBP |
-8 |
||
TBD |
GBP |
|||
14:00 |
USD |
328K |
||
14:30 |
USD |
Government Bond Auctions (this week)
Date Time Country
May 22 08:30 Holland
May 22 08:30 Spain
May 22 17:00 US
May 23 09:10 Sweden
May 23 09:30 Germany
May 23 14:30 Sweden
May 23 17:00 US
May 24 15:30 Italy
May 24 17:00 US
May 25 15:30 Italy
Click here for further EUR/CHF Forecast.
Originally posted here