Swiss Franc Technical Analysis: EUR/CHF, GBP/CHF, AUD/CHF
Multiple Swiss Franc crosses are at key technical junctions. These are the setups for EUR/CHF, GBP/CHF, AUD/CHF.
Multiple Swiss Franc crosses are at key technical junctions. These are the setups for EUR/CHF, GBP/CHF, AUD/CHF.
Oil forecasts toward US$ 100 a barrel have been questioned by the market as strategic stockpiles may provide relief. Can oil slide further?
The Mexican peso weakens against the U.S. dollar as the plunge in the Turkish lira weighs on sentiment, while rising U.S. yields aggravate the sell-off.
AUD/USD has China’s monthly Loan Prime Rate fixing in focus amid an otherwise quiet economic docket. A surprise cut could spur some strength in the Australian Dollar.
The bullish price action in USD/JPY may persist as Federal Reserve officials show a greater willingness to implement a rate hike sooner rather than later.
A slew of US growth trackers for November came in mostly disappointing, giving pause to the recent greenback surge.
Turkish President Tayyip Erdogan’s support of rate cuts sends the Lira into a tailspin while the ZAR struggles to make headway in the aftermath despite recently raising rates
Trader confidence remains high in the financial markets generally, but IG client sentiment data are sending out a bearish contrarian trading signal for NZD/USD.
US Treasury yields moved higher on Monday after Jerome Powell was re-elected as Fed chair pushing the price of gold sharply lower.
The US Dollar remains firm as Jay Powell’s reselection as Fed chair brings a withdrawal of US monetary stimulus closer; that suggests a continuation of the current weakness in GBP/USD.