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Monthly archive June, 2017

USDCHF – US Dollar Pressured Below 0.9640 Vs Swiss Franc

Key Points

  • The US Dollar fell sharply lower recently and moved below 0.9660 against the Swiss Franc.
  • There was a break below a crucial bullish trend line at 0.9700 on the hourly chart of USDCHF.
  • Today in the US, the Read More →

EURUSD – Euro To Dollar Remains In An Uptrend

Key Points

  • The Euro is trading nicely against the US Dollar and recently moved above the 1.1180 support.
  • There are two bullish trend lines forming with supports at 1.1184 and 1.1174 on the hourly chart of the EURUSD pair.
  • Today Read More →

BIS Report Shows The Way Forward For Central Banks: Sell EUR/USD – Credit Agricole

Credit Agricole CIB FX Strategy Research comments on the BIS annual report released over the weekend.

In particular, CACIB notes that in the report the BIS has encouraged the major central banks to use every opportunity from here to Read More →