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USDCHF – US Dollar Remains in Uptrend Vs Swiss Franc

Key Points

  • The US Dollar surged higher towards 0.9750 against the Swiss Franc before facing sellers.
  • There is a crucial bullish trend line forming with support at 0.9650 on the hourly chart of USDCHF.
  • Recently in the US, the Chicago Read More →

USD: ‘Opposing Forces’: Where To Target EUR/USD, GBP/USD? – CIBC

CIBC FX Strategy Research notes that the US current account data released last week showed that the Q2 deficit was roughly $8bn wider than analysts had been expecting, and a full $10bn wider than the first quarter.

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USD/JPY: To Remain In 108-114 Range Into Year-End; Dips Below 108 An Attractive Buy – SEB

SEB FX Strategy Research thinks that USD/JPY will continue to trade in the 108-114 range until the end of 2017.

"Short-term events such as geopolitical risks and severe weather in the US may push USD/JPY below 108 but if Read More →

EURJPY – Can Euro Break 134.50 Vs Japanese Yen?

Key Points

  • The Euro traded higher recently above the 133.60 resistance against the Japanese Yen.
  • There is a connecting bullish trend line forming with support at 133.70 on the hourly chart of EURJPY.
  • Recently in Japan, the Coincident Index for Read More →