Swiss Franc Commentary for 5-Jul-08

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Swiss Franc Commentary provided by GCI Financial Ltd:
Tables & Charts

The Swiss franc depreciated vis-ŕ-vis the U.S. dollar today as the greenback tested offers around the CHF 1.0250 level and was supported around the CHF 1.0110 level. Technically, today’s intraday high was right around the 38.2% retracement of the move from CHF 0.9645 to CHF 1.0625. Data released in Switzerland today saw June consumer prices rise 0.2% m/m and 2.9% y/y, below economists’...continued 


Swiss Franc Focus
 
Day's Change 52-Week High 52-Week Low

Instrument

Current

Points % Date Value Date Value
Exchange Rates

5-Jul-08

AUD/CHF This marker indicates the current chart. 0.9859 0.0007 0.07% 31-Oct-07 1.0805 17-Mar-08 0.9014
CAD/CHF This marker indicates the current chart. 1.0065 -0.0020 -0.20% 6-Nov-07 1.2495 28-Mar-08 0.9731
CHF/JPY This marker indicates the current chart. 103.5749 -0.5105 -0.49% 26-Jun-08 104.4807 16-Aug-07 92.9076
EUR/CHF Fwd-1 Yr This marker indicates the current chart. -326.6000 0.0000 0.00% 28-Feb-08 -215.3000 20-Jun-08 -341.4000
GBP/CHF This marker indicates the current chart. 2.0345 0.0003 0.01% 25-Jul-07 2.4896 17-Mar-08 1.9616
USD/CHF This marker indicates the current chart. 1.0263 0.0010 0.10% 15-Aug-07 1.2205 17-Mar-08 0.9794
USD/CHF Fwd-1 Yr This marker indicates the current chart. -37.0000 0.0000 0.00% 16-Mar-08 34.0000 5-Jul-07 -286.0000
EUR/CHF This marker indicates the current chart. 1.6098 -0.0015 -0.09% 12-Oct-07 1.6797 17-Mar-08 1.5454
 
Indices

5-Jul-08

NASDAQ This marker indicates the current chart. 2,245.38 -6.08 -0.27% 31-Oct-07 2,859.12 10-Mar-08 2,169.34
S&P 500 This marker indicates the current chart. 1,262.90 1.38 0.11% 9-Oct-07 1,565.15 2-Jul-08 1,261.52
 

source: DTN Market Access


part 1...forecasts for a 3.1% increase. U.S. dollar bids are cited around the CHF 1.0020 level. The euro and British pound gained ground vis-ŕ-vis the Swiss franc as the crosses tested offers around the CHF 1.6135 and CHF 2.0320 levels, respectively.

SUPPORT   RESISTANCE

L1. 1.0135 1.0565

L2. 0.9990 1.0730

L3. 0.9875 1.1040

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