Australian Dollar Outlook - 23 May 2013
Bell FX Currency Outlook: The Australian Dollar dropped to a one-year low following some positive comments on the US economy by the head of the Federal Reserve. View Full Image. REUTERS/Pascal Lauener Stacks of euro, Swiss franc, and U.S. dollar ...
Jordan Says Cap Shifting, Negative Rates in SNB’s Toolkit
Swiss National Bank President Thomas Jordan said a shift of the cap on the franc and negative interest rates are among steps the central bank could take, prompting the franc to break through 1.26 per euro for the first time in two years.
Swiss Franc Drops as Jordan Speaks
The Swiss franc dropped today as Swiss National Bank President Thomas Jordan talked about possibility of negative interest rates and shifting of the cap on the franc.
Triangle Breakout in USD/CHF
Last night, the USDCHF broke out from an ascending triangle pattern when it moved above its resistance at 0.9750. Given the height of the pattern, the pair may aim for a target of around 0.9900. However, it may first correct in the near perhaps b
FOMC will begin to taper down QE if economy continues to recover
Tonight, investors will be looking towards the Flash PMIs for Europe and China for a timely update on the strength of global manufacturing. The European versions are expected to show manufacturing activity scraping off its lows (47.0 expected for ...
EUR/CHF Intraday Forecast
EUR/CHF's rally accelerated today and break through 1.2568 key resistance. The development confirmed resumption of medium term rally. Intraday bias remains on the upside for long term retracement level at 1.2646 next. On the downside, below 1.514
European Stocks: Still deciding on next direction
Any dips quickly were bought, and over the past two weeks the stock powered above the channel. If the stock can move back into the lower to mid point of the channel, around the CHF 68 - CHF 69 level, trend followers might find better long-side entry ...
22 May 2013
Takahide Kiuchi proposed making 2% inflation target a medium term to long term instead of 2-yrs. * BoJ upgrades econ assessment, makes no ... EUR/CHF above 1.25 after dipping y'day on good USD/CHF sales. . * N225 made another 5y high before closing ...
USD/CHF: Swissy Trading Tad Higher In The Asian Session
For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9695.Yesterday, the International Monetary Fund in a report indicated that the Swiss National Bank needs to maintain its policy of defending its exchan
USD/CHF Trading in an Ascending Triangle after Completing S
Ascending triangle, bullish biases: USD/CHF has been bullish in May, but since it found resistance around 0.9750 it has been forming an ascending triangle. This congestion pattern reflects a market consolidating with bullish bias. The RSI has hel
USD/CHF: Jumping in on the Dollar Rally - Trade Update
It's been a wild ride, but my buy limit orders have finally been triggered. Yay! Read on to find out more about my trade!
Session Recap: Amari takes the Yen down again; USD slightly stronger
USD shot up on the news and posted gains against CHF at session highs above 0.97, USD/JPY at 102.75, EUR/USD session lows at 1.2860, and AUD/USD at 0.9750. Later on USD eased again, leaving it still slightly in the positive since the Asia-Pacific open ...


