Currencies  |  March 23, 2013 20:49:08

Currencies outside the euro you live your life


Currency pair GBP / CHF, which are basically two currencies seen as safe haven in troubled times (a little less than a pound franc), in the ongoing Cyprus crisis, the trend holds in the side and mild volatility follows the S / R level 1.4300.
Unlike the last time again strengthening Japanese yen, the British pound just could not bounce back from historic lows. Pound would help possible major problems of the European Union. Due to the fixation rate of Swiss franc, the pair GBP / CHF could in this case be given a few points upwards. Cyprus is in negotiations but gets in a better position than it was at the beginning. Beginning to emerge some solutions based on solidarity fund. Whether this will be enough to support from the European Union can show you this Sunday at a meeting of the EU.

This week, in terms of fundamentals affecting Swiss franc weaker. And last week, also based bank holidays. Fortunately, it will not be such as are now in Cyprus, so Frank's also perhaps move. Mainly because the bank holidays will be in other countries. British Pound will wait for Monday's announcement of approved mortgages. On Wednesday, we expect a major report on the state of the current account of Great Britain and the publication of its GDP. On Thursday, the result will be announced on survey by GfK consumer confidence.

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