The USD/CHF pair rose during the Tuesday session as the Dollar got a bid in general. The Federal Reserve offered no real hint at QE3 during a statement on Tuesday, and this suggests that the US economy...
The USD/CHF pair fell for the bulk of the Monday session, even after initially rising in value. The pair ran headfirst into the 0.92 level, and found it a bit too taxing to rise above. The level...
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...
Market review for 5 – 9.03, 2012
The USD/CHF pair rose rapidly during the Friday session as the market bought the US dollar on the whole. The Non-Farm Payroll numbers were better than expected, and as a result the world ran to the USA.
Being supported by the lower line of the price channel on 4-hour chart, USDCHF rebounded from 0.8931, suggesting that a cycle bottom has been formed on daily chart. Further rise could be seen in a couple of...
The USD/CHF pair fell hard on Thursday as the markets sold off the recent spike in the value of the Dollar against the Franc. The recent action has been very bearish, and this pullback from the bounce...
The USD/CHF pair fell a bit during the Wednesday session, pulling back from the 0.92 handle. The pair has been very bullish as of late, so this kind of reaction at a major handle will do little...
Possible problems regarding exchange of Greece bonds put pressure on the
USD/CHF rose during the session on Tuesday as it has been doing lately. The pair has seen a lot of strong buying come into the market since bouncing from the 61.8% Fibonacci level, and the pair looks...
