The pair continues to trade back and forth as there is no clear directional bias.
The US Dollar Index flat due to stabile trading witnessed in most of the equity bourses across the world. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index (DX) and the...
INTRA-DAY USD/JPY: Last Update At 12 Aug 2011 02:18 GMT Range Forecast76.75 / 77.00 Resistance/SupportR: 77.01 / 77.30 / 77.51 S: 76.60 / 76.31 / 76.25
Market Review – 11/08/2011 22:04 GMT Euro, dollar surge against franc as SNB considers euro peg The single currency and the greenback rose strongly against the Swiss franc on Thursday as the Swiss National Bank said it...
The US Dollar Index appreciates on the event of sell of seen in the equity bourses across the world. The Dollar Index is heading towards the support of 73.40-74.00 ranges; historic correlation between the Dollar Index (DX)...
The plummeting value of the USD was offset yesterday after the Fed announced Tuesday that it would hold interest rates near zero for the next two years. So far, this adjustment by the Fed has been enough...
Greetings. Let’s take a look at the USD/CHF. The bottom we saw earlier this week may hold for a retracement to the upside. It may come up to test the trend line on the charts.
After a very impressive decline which lead the pair below parity, the pair is consolidating above its parity level.
The pair remains well bid after a confirmation of the bullish resumption which resulted in a possible long term reversal (double bottom formation).
It is always the same with the USD/CHF which remains under pressure given the strong bearish trend.