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...
EUR/USD rose during the early hours of the trading session, but fell a bit towards the end of the day on Tuesday as the news got out that the ECB, IMF, and ECB – the financiers of...
The U.S. dollar fell against most of its major currency rivals on speculation the Federal Open Market Committee will announce further easing in order to support the U.S. economy; Crude oil prices gained on optimism that the...
The major trend IN THE Dollar Index indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities.Key...
Greetings. Let’s take a look at the EUR/CHF hourly chart. We saw a strong move up from the low in August and it looks like the upward movement may potentially be fizzling out.
Euro is loosing its positions against the greenback.
The USD/CAD pair shot straight up on Monday as traders continue to push it around in the consolidation box it has been stuck in for over a month. The pair looks like it is simply trying to...
AUD/USD fell hard on Monday, and unlike the rest of the “risk currencies”, it didn’t bounce that much at the end of the session, or at least a lot less than these types of currencies. With that...
