On January 12, 2024, Coca-Cola Femsa SAB de CV ( NYSE:KOF ) experienced a meteoric rise in its stock value, fueled by an uplifting upgrade from the renowned financial institution UBS. This unexpected surge, accompanied by an impressive set of financial figures, has left investors buzzing with excitement about the future prospects of this beverage giant. The UBS...
The Swiss franc is showing little movement for a second straight day. In the North American session, USD/CHF is trading at 0.9993, down 0.03%. Consumer confidence fell in the October survey to -47, down from -42 in the previous quarter. This marked a record low, as Swiss consumers have become even more pessimistic about the economic outlook. The survey found that...
good long setup on $KOF. setting a stop under monthly lows and riding the trend to ~$80. good r/r here. bought some lattered 11/18 calls
The Swiss franc flexed some muscle in the days leading into Christmas, but the currency is almost unchanged this week, trading around 0.9170. The Omicron variant continues to spread as countries scramble to deal with the newest wave of Covid. The good news is that most reports have shown that Omicron is believed to be far milder than Delta, which hopefully means...
The Swiss franc has started the week quietly. Currently, USD/CHF is trading at 0.9398, up 0.08% on the day. The KoF Economic Barometer, a key indicator of business confidence, will be released on Tuesday (7:00 GMT). The KoF slipped below its long-term average of 100 in January, with a reading of 96.5. The indicator rebounded in February, rising to 102.7 and the...
This is our chance, lets wait patiently