The USD/CHF pair rose on Wednesday as traders continue to buy the USD as a safe haven trade. With the Swiss National Bank actively jawboning and working against the Franc, this makes sense as the Dollar truly...
GBP/USD fell hard once the Fed announced a weaker than expected outlook for the economy on Wednesday. The Bank of England is expected to move towards easing, and with the Fed not bothering to step into the...
USD/JPY fell during the early part of the Wednesday session, but rebounded in the later hours as the Fed had an announcement that quite frankly – wasn’t all that optimistic.
The EUR/USD pair rose before the Federal Reserve’s Wednesday announcement, filling the gap from the weekend. The pair then fell apart as the announcement wasn’t overly optimistic and disappointed as the Fed didn’t do much to boost...
Investors are waiting for the results of the FOMC meeting.
The USD/CAD pair fell for a while on Tuesday, but then rose as traders sold off commodities and stocks in the late hours of the session. The Canadian dollar suffered as a result as it is considered...
AUD/USD rose during the Tuesday session, but gave up a lot of its gains in the afternoon of the US session. The reports that the IMF, EU, and ECB (the “Troika”) are waiting until October to come...
Tuesday saw the USD/CHF pair rise slightly, as the rumors of a Swiss National Bank meeting hit wires. The SNB is rumored to be considering raising the floor on the EUR/CHF to the 1.25 level, and this...
GBP/USD rose on Tuesday as traders bought the Pound in general. The move is decidedly countertrend to the recent fall, and because of this we are currently waiting to see if the gap from the weekend closes...
USD/JPY fell on Tuesday as word got out that the “Troika” was going to wait until October to head back to Athens in order to discuss a bailout. This could suggest that the process is going even...
