The pair continues to consolidate in a tight range since its sharp from its record low (0,7070) two weeks ago.
The USD/CHF pair rose slightly on Wednesday, but still failed to break above the 0.8000 level – a level that has been massively resistive over the last couple of weeks.
Willingness to take risks increased today.
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.
The yen and franc retreated on fears of intervention of Japan and Switzerland
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
The USD/CHF pair had a fairly quiet day on Friday, even though the stock markets weren’t quiet at all. The pair is being artificially held up by the Swiss National Bank at the moment, and the lack...