Ross J Burland

Ross J Burland

Ross Burland, Editor and Analyst, joined FXStreet with 13 years of FX market experience. He worked in top tier banks, specialist corporate advisory firms and on London City trading floors. He was previously a regular market analyst on Bloomberg and CNBC TV.

Articles by Ross J Burland

CHF/JPY: Eyes on central banks and geopolitics

CHF/JPY levels, September 17

This week the BoJ will hold its regular policy meeting. Global uncertainty, linked to the trade war and Brexit, has strengthened the value of the Swiss franc and Yen. CHF/JPY is struggling to maintain the upside as the Yen picks up a safe haven bid, anchored on geopolitical developments following a textbook risk-off response in global financial markets following the strike on Saudi Arabia’s oil facilities over the weekend.

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EUR/JPY rallies the hardest vs EUR/CHF as CHF/JPY spikes following ECB

EUR/JPY levels

EUR/JPY rallies hard following hawkish ECB cut and trade war optimism. EUR/JPY tracking positive sentiment in financial and commodity markets. While the trade war tensions seem to be easing, with stocks climbing and risk appetite returning in droves to financial and commodity markets, EUR/JPY is up 0.79% on the US session so far following what has been perceived as a hawkish rate cut from the European Central Bank earlier today.

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EUR/CHF technical analysis: Break out or fake out?

Daily EUR/CHF, September 11

The cross needs to hold above the 1.0970s and beyond the 25th July swing lows. To the downside, a break back below the prior descending resistance will spell bad news for the bulls. EUR/CHF has been running higher of late, despite the onset of the European Central Bank – a possible buy the rumour sell the fact scenario as the less committed euro shorts are squeezed.

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SNB’s Maechler: Reaffirms Pledges on FX and Intervention, Negative Rates

SNB Maechler

SNB jawboning CHF lower as concerns mount over global growth fears and a flight to safety. EUR/CHF is already trading close to the lows of the year. The Swiss National Bank’s Andréa M Maechler, Member of the Governing Board, has crossed the wires saying that ‘any intervention’ requires an analysis of cost/benefits – plenty of jawboning going on here.

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