Commodity Prices

Gold •380 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,456.60	-15.50	-1.05%
WTI Crude •2 hours	67.34	-0.20	-0.30%
Gasoline •2 hours	2.153	-0.017	-0.78%
Ethanol •380 days	2.161	+0.000	+0.00%
Silver •380 days	30.82	+1.16	+3.92%

Silver • 380 days	30.82	+1.16	+3.92%
Copper • 380 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	69.28	-0.24	-0.35%
Natural Gas • 2 hours	3.565	+0.023	+0.65%
Heating Oil • 2 hours	2.453	-0.012	-0.47%

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EUR/CHF - Rumors of FX Intervention

By - Jan 27, 2015, 2:38 PM CST

EUR/CHF is digesting the recent massive selloff. Todays move halts succession of lower highs suggests increasing selling pressures. However, bullish move to 1.0385 has already reversed. A key support stands at 0.9715.

The EUR/CHF is again a free-floating currency and has declined to uncharted water. The ECB's QE programme is likely to cause persistent selling pressures on EUR/CHF. Monitor the key support stands at 0.9715. The 15 January low at 0.8517 is a strong support, which should hold in the coming months.

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