By FXEmpire.com

Analysis and Recommendations:

The EUR/CHF had a strange day, ending at 1.2021 as the euro gained strength in the early part of the day as traders enjoyed a morning buoyed by good feeling from Greece, although this was short lived as Spain began to be the prime focus and the euro fell as the dollar climbed towards the end of the session.

This pair actually reacted to the strength of the euro, but never seemed to fall was the euro fell against its cousins.

SNB President Thomas Jordan said in an interview on Sunday recently as it becomes more and move possible for Greece to leave the euro and continued cracks in the overall euro idea and philosophy continue to crack, as politic between several member states do not mess, the Swiss National Bank, is considering setting up a task force to draw an emergency plan for dealing with a possible collapse of the euro

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 28, 2012 actual v. forecast

May 28

AUD

RBA Governor Stevens Speaks

JPY

CSPI (YoY)

0.2%

-0.1%

-0.2%

SEK

Swedish Retail Sales (MoM)

-0.20%

0.10%

0.10%

SEK

Swedish Trade Balance

4.70B

5.40B

EUR

Italian Business Confidence

86.2

88.6

89.1

Upcoming Economic Events that affect the CHF, EUR, GBP and USD

Date

Time

Currency

Previous

May 29

All Day

EUR

German Prelim CPI m/m

0.2%

10:00

GBP

CBI Realized Sales

-6

13:00

USD

S&P/CS Composite-20 HPI y/y

-3.5%

14:00

USD

CB Consumer Confidence

69.2

May 30

7:00

CHF

KOF Economic Barometer

0.40

8:00

EUR

M3 Money Supply y/y

3.2%

8:30

GBP

Net Lending to Individuals m/m

1.4B

14:00

USD

Pending Home Sales m/m

4.1%

23:01

GBP

GfK Consumer Confidence

-31

Click here a current EUR/CHF Chart.

Originally posted here