Euro showed its considerable growth against the greenback.
The Swiss Franc appreciated quite strongly during the Monday session as traders sold off the Dollar against almost all currencies worldwide. The move might not have been so much a nod to the Franc
The Dollar Index continued to correct on the event of stronger asset classes across the globe especially the equities. Though 76.00 ranges are expected to again act important support, 79.80 ranges are expected to act as formidable...
Stronger equity bourses led to profit taking in the Greenback. After the Dollar Index hit resistance zone of 79.80, long liquidation was observed; 76.00 ranges is expected to again act important support. Historic resistance is seen in...
The pair continues to trade higher and confirms its bullish outlook with a main target at parity.
USDCHF continued its upward movement from 0.7067, and the rise extended to as high as 0.9314. Further rise is still possible next week, and next target would be at 0.9500 area. Support remains at the uptrend line...
The Dollar Index continued correction after hitting resistance zone of 79.50; historic resistance zone is seen in the ranges of 79.20 to 80.20 to 81.30 ranges. On the lower side 76.00 ranges would act as formidable support...
USD/CHF rose on Thursday, but formed a shooting star at the end of the session as the move faded a bit. The pair looks a little overbought at these levels, and a pullback isn’t necessarily a bad...
The speech of Bernanke inspired the markets. The Euro showed moderate growth.
USD/CHF rose on Wednesday as traders continue to sell off the Franc. With the Swiss National Bank willing to sell it as well – this makes sense. Also, in times of concern, the Franc can no longer...