Market Talk
– The safe-haven U.S. dollar languished near three-year lows versus riskier currencies on Thursday as continued dovish signals from the Federal Reserve stoked reflation bets.… Read More
Tag: USD/CHF
FOREX TRADING IDEA USD/CHF
Strategy
Buy 0.9050 for 0.9250 with a stop below 0.8940.
Technical View
Starting in March 2020, the US dollar had been on a decline and this decline had brought price to a low of 0.8756 on 6 January 2021.… Read More
FX Commentary – Expectations Of A Global Economic Recovery Led To An Increase In Risk Appetite
Market Talk
– The dollar was down on Wednesday morning in Asia, sliding to a three-year low against the GBP and recording losses against commodities currencies, on increased bets that the global economic recovery from COVID-19 will whet investors’ risk appetite.… Read More
FX Commentary – US Dollar Continues Its Weakness To A 6-Week Low
Market Talk
– The dollar was down on Tuesday morning in Asia, dropping to a near six-week low as investors await answers from U.S.… Read More
FX Commentary – Progress In Vaccination Boosted Riskier Currencies
Market Talk
– The U.S. dollar teetered near three-year low against the British pound as progress in curbing coronavirus infections boosted sentiment for riskier assets.… Read More