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Euro Preview: Will USDCHF Turn Lower After CPI Data?
30Demand for the Swiss franc may once again rise – taking the USDCHF exchange rate back lower as economic data for today could spark another wave of franc buying. Traders
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What’s Happening With Currencies – August 4th
30The FX market is abuzz with speculation over last night’s Japanese yen intervention efforts as the Ministry of Finance injected billions of dollars worth of yen in the market –
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3 Reasons Why Gold Will Go Higher
30In the last couple of years, the market has seen gold prices skyrocket to all time highs. For 2011 alone, the yellow metal has set 10 new all time marks
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What’s Happening With Currencies – August 3rd
30In the FX World: 1. Both Moody’s and Fitch rating agencies maintained the US’s credit rating of AAA, on the heels of the debt ceiling bill being passed yesterday. But,
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USDCHF Rises On SNB Decision
30In an effort to intervene in the Swiss franc’s “massively overvalued” state, the Swiss National Bank changed up policy and spooked FX markets early this morning. Scheduled to meet on
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What’s Happening With Currencies – August 2nd
30A lot has happened in the last 24 hours – making it a relatively uneasy session for major currencies. The US dollar has gained against most of its counterparts, with
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What’s Happening With Currencies – August 1st
30An end to the debt ceiling debate may be on the horizon, as Congress is set to vote on a new proposal this afternoon. The newly compromised bill was signed
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What’s Happening With Currencies – July 29th
30It’s an interesting start to the weekend. Major currencies are mixed against the US dollar, as the EUR and GBP continue to gain – while the commodity bloc (AUD, CAD,NZD)
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What’s Happening With Currencies – July 28th
30Foreign exchange movements in the overnight have been interesting. Although the US dollar has gained against both the EUR and GBP (not to mention the CHF), it has lost against
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Investors search for answers in US debt crisis
30The cost of insuring against a US default soared yesterday and global investors drew up contingency plans for a world in which the largest economy loses its gold-plated AAA credit
