Currencies  |  January 24, 2013 19:54:29

Currency pair EUR / CHF at 1.2400

Currency pair EUR / CHF after several days growth euphoria stopped and now follows the S / R level 1.2400.

Looking at the macroeconomic data that come from European countries, we can not wonder. European currency, the data does not support a breathtakingly unlike much better data from the United States, the European data are worse than the market expected. With the exception of the German data, which significantly stand out above the rest of the euro area data. And we can say that Germany is the driving force, without which it might not adopted the euro as such did not exist.
Given that the exchange rate holds at around 1.2400 and fall to its original level, traders are not yet tuned in to a better future and financial spillover from the "safe harbor" that Switzerland is undoubtedly, in the Europeancurrency is more persistent.
The rest of the week will be on poor macro data and waiting for us just a German sentiment index, which is the euro but very significant impact. It can be expected that after the course departs from the current S / R levels according to the perspective of the German business community, and how they perceive the current climate.

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Měnový pár EUR/CHF na úrovni 1,2400

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