Paun British / Franc SwissPanjang
GBPCHF: Technical rebound
Trade: As long as 1.2600 is support look for 1.2770 and 1.2890.
Day Ahead: http://www.keytomarkets.com/blog/blog/ktm-fx-daily-chf-and-nok-crosses-need-attention/
We see few important Central Bank policy meetings includes Swiss Nation Bank and Norges Bank.
We expect SNB to remain on hold, whereas the Norges Bank is likely to deliver first rate hike in seven years from 0.50% to 0.75%.
With the recent NOK strength, we believe this week’s rate hike is nearly priced in, but further NOK appreciation will be available if the Norges bank hints the second hike in December 2018.
Data wise, there are no market moves for the euro and US dollar today. Elsewhere UK Retail sales grab the attention. We expect UK retail sales set to fall in August. We expect a contraction to 0.0% or even into negative territory. Back in July, retail sales increased by 0.7% from a decrease of 0.5% in June.
Day Ahead: http://www.keytomarkets.com/blog/blog/ktm-fx-daily-chf-and-nok-crosses-need-attention/
We see few important Central Bank policy meetings includes Swiss Nation Bank and Norges Bank.
We expect SNB to remain on hold, whereas the Norges Bank is likely to deliver first rate hike in seven years from 0.50% to 0.75%.
With the recent NOK strength, we believe this week’s rate hike is nearly priced in, but further NOK appreciation will be available if the Norges bank hints the second hike in December 2018.
Data wise, there are no market moves for the euro and US dollar today. Elsewhere UK Retail sales grab the attention. We expect UK retail sales set to fall in August. We expect a contraction to 0.0% or even into negative territory. Back in July, retail sales increased by 0.7% from a decrease of 0.5% in June.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.