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Monthly archive August, 2016

GBPCHF – Looking To Buy British Pound?

Key Points

  • The British Pound registered good intraday gains against the Swiss Franc, and remained in an Read More →

Ranges More Likely In FX This Week Than Breakouts But If We Break…- SocGen

The UK saw no news and a further short-covering rally for GBP/USD, which has continued overnight. The market expects an improvement in the August CBI industrial trends survey, but that won’t have much impact. We’re getting back into very alluring Read More →

Dollar weighed by wait-and-see mood ahead of Yellen speech

Oil prices slipped further on Tuesday, as Goldman Sachs warned that August's price rally was overdone and that a proposed oil production freeze at current near-record levels would not help rein in an oversupplied market.

WTI crude was down Read More →

USDCHF – Is This A Change In Trend For US Dollar?

Key Points

  • The US Dollar surged higher recently against the Swiss Franc, and currently approaching a major Read More →