USDCHF stays in a trading range between 1.0461 and 1.0624

Source: feedproxy.google.com

USDCHF stays in a trading range between 1.0461 and 1.0624. Support is at 1.0461, as long as this level holds, another rise to re-test 1.0675 key...


Read more...

  • China Jan-May Urban fixed asset investment up 32.9%

    China’s urban fixed asset investment rose 32.9% in the first five months this year, more than the forecast of...

  • The dollar reserve currency conundrum

    With India purchasing of 200 tonnes of gold from the IMF for US$ 6.7 billion last week — a far cry from the 67 tonnes of gold that India had to humiliatingly pledge in 1991 to stave off an imminent forex crisis — the debate on the need to diversify the forex reserves of the surplus countries...

  • GBP/USD Balances After Better Than Expected Construction PMI

    By Fast Brokers - The Cable pulled back on declining volume yesterday, although losses were negligible. The GBP/USD is...

  • Obviously the model is still out of form!

    Apologies for the slight break in transmission, suffered some minor technical difficulties. Not much has luckily happened in the interim although the s/t model signal isn’t looking too good with EUR/JPY drifting lower, currently at 136.85. Maybe we should use them as a reverse indicator and...

  • AMR Corp. Fails To Make Full Pension Payment

    The Wall Street Journal reported that American Airlines’ parent AMR Corp (NYSE:AMR) contributed only $6.5 million by the January 15 deadline...