Forex: Swiss franc falls in a mini flash crash
On Monday during the Tokyo session, the Swiss franc (CHF) was aggressively sold. The USD/CHF pair, for instance, touched the 1.0106 level. This was a high that the pair last […]
On Monday during the Tokyo session, the Swiss franc (CHF) was aggressively sold. The USD/CHF pair, for instance, touched the 1.0106 level. This was a high that the pair last […]
Since Wednesday’s midnight hours, the Australian dollar dropped by 1.70%, which was the most significant daily drop in a year. The reason for the fall was due to the announcement […]
Upside risks prevailed in the market on Wednesday, thus sending the New Zealand Dollar to appreciated about 86 base points against the US Dollar. The currency pair was trading near […]
Russia, China and a number of other countries are aiming to cut their dependence on the US dollar, as Washington uses access to the dollar payment system as a weapon […]
During the first week of 2019, the Japanese Yen unexpectedly depreciated against the US Dollar by 459 pips or 4.20%. The currency exchange rate fell to the 104.85 point, making […]
The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose 0.05% to $1.287 after declines of more […]
During Wednesday’s trading session, the gold broke most of the technical indicators to trade above the 23.60% Fibonacci retracement level at the 1,292.86 mark. It is expected that the 23.60% […]
The New Zealand Dollar depreciated about 129 base points against the US Dollar on Wednesday. The currency pair breached the lower boundary of an ascending channel during yesterday’s trading session. […]