Swiss franc valuation nation
Download
1 / 9

Swiss Franc Valuation Nation - PowerPoint PPT Presentation


  • 75 Views
  • Uploaded on

Swiss Franc Valuation Nation. Presented By: Maggie O’Connell Colleen Traeger David Terschluse Sean McConnell. And we are not John Stiver. Current GDP at $250 billion (289.75B CHF) Recent GDP growth followed ’01-’03 recession Predicted 2.1% growth for ’05 Net assets exceed GDP at 135%.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Swiss Franc Valuation Nation' - fisk


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Swiss franc valuation nation

Swiss Franc Valuation Nation

Presented By:

Maggie O’Connell

Colleen Traeger

David Terschluse

Sean McConnell



Economic growth

Current GDP at $250 billion (289.75B CHF)

Recent GDP growth followed ’01-’03 recession

Predicted 2.1% growth for ’05

Net assets exceed GDP at 135%

Economic Growth


Money growth and trade
Money Growth and Trade

  • Imposed ceiling on inflation at 2%

  • Predicted ’05 inflation growth – 0.8%

  • Large Current Account and trade surpluses

  • Fiscal account deficit of 2.5% in ’04 due to significant influx of investment

  • Economy holds about 35% of world’s offshore funds


Chf facts
CHF Facts

  • Managed floating fiat currency, backed by gold and other currency holdings

  • Most stable by reputation

  • Unlikely EU member

  • Significant appreciation during US ’70s-’80s inflation, depreciation during ’90s

  • Appreciation, along with Euro, ever since 9/11/01


Technical analysis
Technical Analysis*

Resistance

Main Trendline

Support

Resistance

Channel Line

New Main Trendline?

*Swiss Franc per US $

Support

  • Since September 2004, the Franc has appreciated in value relative to the dollar

  • Most recent breakthrough of main trendline shows continued appreciation



Our cheesy predictions
Our Cheesy Predictions

  • Modest appreciation

  • Mitigation of appreciation with low interest rates

  • Possible peak and change of trend

  • Possible depreciation due to overvaluation of CHF according to PPP


Analyst comments
Analyst Comments

  • Previous bottom and the Fibonacci support may give another upward movement from 1.1620-60 range. – Rahul Chandra, Forex strategist

  • USD/CHF is in a downtrend directed by 1H exponential moving averages. Volatility is low. Bollinger bands are parallel and form the trend. Should continue to1.1750.– Arnaud Jeulin, Mataf.net strategist

  • Price dipped marginally bellow our support, and given the bullish divergences we feel there is good case for the resumption of upside.– Iam Copsey, FX-Strategy currency strategist


ad