USDCHF broke above the downtrend line from 1.0624 to 1.0464, suggesting that a cycle bottom is being formed at 1.0257 on 4-hour chart. Key resistance...
USDCHF broke above the downtrend line from 1.0624 to 1.0464
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North Korea also in the news again
News that North Korea are threatening to enrich more uranium for use in nuclear weapons is adding to the geo-political risk aversion play. In days gone by, the USD and CHF were always the big winners when any political tensions came to the fore. If we return to those days, as the small moves this...
FOREX-Dollar holds ground after jump, ECB and BOE in focus
By Aiko Hayashi TOKYO, June 4 (Reuters) - The dollar mostly held its ground on Thursday after a big reversal from 2009 lows on comments from Asian monetary ... See all stories on this...
Nikkei -0.6%, Kospi -0.3%
EUR/JPY tested 133.90 yet again and failed to break below. It has popped back above...
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Forex: GBP/USD falls further to 1.6410
Dollar is getting stronger across the board with the exception of the Yen on a big sell-off in equities. GBP/USD fell after the opening bell to 1.6415 (intra-day low). From there rebounded sharply and rose back above 1.6500 but failed to hold and regained the downside. After finding resistance at...