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EURCHF – Can Euro Retest 1.0870 Vs Swiss Franc?

Key Points

  • The Euro after moving down towards 1.0800 against the Swiss Franc found support and recovered.
  • The EURCHF pair recently broke two important bearish trend lines at 1.0825 formed on the hourly chart.
  • In Switzerland today, the SECO Consumer Read More →

No rate changes from FOMC, but USD holds well

No rate changes out of yesterday’s FOMC rate decision communication. The Fed is still aiming for 2 more hikes for 2017. The Fed statement also noted slower economic growth in the first quarter this year, but dimissed that as transitory. Read More →