The USD/CHF pair had a bearish day on Thursday as traders sold off the Dollar in favor of the Franc. The pair is currently difficult to sell, as the Swiss National Bank is working against the rise...
The Dollar Index is trading in tight range between 77.50 and 76.50 as a result the benchmark equity index of the Dow Industrials traded flat. Though 76.00 ranges are expected to again act important support in medium...
As the rumours around the agreement between France and Germany on increasing the size of EFSF reinforced, the euro strengthened.
The Dollar Index recovered off the European lows during the American trading session on the event of correction/continued fall witnessed in most of the asset classes. Though 76.00 ranges are expected to again act important support in...
Speculations regarding possible credit rating reduction of France pressure the euro.
USD/CHF finished the day fairly unchanged as the market continues to run around in circles. The result is a small doji, but the move proved the 0.9000 level should continue to give reactions in this marketplace.
The Dollar Index continued to appreciate throughout the European session but profit booking was witnessed during the American session on the event of the benchmark equity index of the Dow Jones recovering off the gap down opening...
USD/CHF rose during the Monday session as traders continue to buy the US dollar in reaction to the lack of urgency shown by the EU in relation to the debt problems in that area. The market has...
Europe may need more time to solve the problem of sovereign debt.
The Dollar Index ended its loosing streak after hitting major support zone of 76.00-76.50 resulting in correction in the benchmark equity index of DJIA. Though 76.00 ranges are expected to again act important support in medium term;...