The recent strength in the Swiss franc has extended to the point of gaining versus all major currencies, including the US dollar over the past 2 weeks. Not coincidentally, the start of this period coincided with the breakout in the drama revolving Italian politics. But there are other factors enforcing franc strength. Will the currency require c...

2018-05-24 Ashraf Laidi Read more
Flag of North Korea

A few weeks ago, we thought that the geopolitical tensions have finally eased after North Korea announced its decision to delay the attack on the US Air-Base in Guam island. The US President Donald Trump thought that his threats to North Korea have finally worked and led the North Korean President to back off. Trump also said that North Korea’s...

2017-09-04 Nour Eldeen Al-Hammoury Read more
SNB intervention

SNB December 15th The Q4 SNB meeting on December 15th is widely expected to be a non-event with the bank remaining on hold and warning against excessive CHF strength. However, there are still opportunities around the meeting. Over the last eight SNB meetings, the market has paid out around 72bp cumulatively on concerns that more cuts are forthc...

2016-12-14 James Harte Read more
Market news

The EURUSD appreciated in the last two days, even if the Greek situation went through critical moments. The Eurogroup leaders met on Thursday but didn’t manage to reach a deal. Jeroen Dijsselbloem (Eurogoup chief) still believes that it's still possible to find a solution, while Valdis Dombrovskis (European Comission vice-president) warned that ...

2015-06-22 Orbex Read more
Market news

The Swiss Franc, Canadian dollar and American dollar were all affected by the weak reports of the GDP. Switzerland's real gross domestic product in the first quarter of 2015 fell by 0.2% because of the negative growth contributions delivered by the trade balance in goods and services and the slowdown reported on the production side. The Swiss Fr...

2015-06-02 Orbex Read more