Swiss franc : 瑞郎处反覆阶段 ~ (8month24day)

Focus:
•重要阻力区间1.1900 ― 1.1950
•本周低位见于1.21
•加息预期减退

The Swiss Central Bank stated in a research report that while its monetary policy remains firmly focused on long-term price stability, it also provides flexibility in responding to short-term trends in financial markets. This report is compiled by two central bank monetary policy makers The directors of the policy committee, Hildebrand and Jordan, wrote that the text did not address the current policy stance of the central bank or the recent turmoil in the financial markets, but stated that the Swiss central bank has room for flexibility in responding to shocks. Report presentation By announcing a range of three month interest rates instead of an overnight interest rate target, the Swiss Central Bank has more room to flexibly respond to exchange rate fluctuations or sudden changes in liquidity without implying an immediate shift in its basic policy stance.
German Economic Think TankZEW和瑞士信贷周四联合公布瑞士8monthZEW投资者信心指数降至负5.1，7Month is negative2.1。瑞郎于周四小幅承压，曾低见至1.21关口，投资 者谨慎恢复对利差交易的兴趣，随著金融市场呈现初步的整固，一些投资者开始再度建立利差交易部位。预计瑞郎仍会处于较反覆状态，甚至只限于目前之区间内运 行而略微倾向走低，即1.1800to1.2200. Investors are cautious about risks as the commercial paper market remains tense amidst the current market turmoil. Expected support in the near future is50Balance moving average1.21 The key support is250Balance moving average1.2270Horizontal. At present, the resistance can be seen in the near future1.1900/1.1950Area, it is estimated that there is already a certain amount of backflow pressure in this area.

(Analysis provided by Zongheng Huihai)