The Bank of Canada cuts its interest rate bigger than it was expected. Should we wait for more CAD weakness?
Tag - chf - swiss franc
The US dollar drops to strategic lows against the Swiss franc. Will that keep going on?
AUD is a very interesting currency among the major ones. What are its most useful peculiarities?
AUD/CHF formed a higher low on the H1. The pair may be forming something like a “Crab” harmonic pattern.
New Zealand jobs data is out today at 23:45 MT time. Check how you can benefit from this release in your trade.
The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
CHF/JPY has been declining since the middle of January. It went down, as the yen was the number one safe haven after the outbreak of the coronavirus in China.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.
NZD/CHF fell this week as the Swiss franc appreciated versus other currencies. However, the positive market sentiment related to the US-China trade deal helped the pair to find support in the 0.6355 area.
On Wednesday, January 15, USD/CHF fell to the minimal level since September 2018. The pair declined after the United States put Switzerland on the watch list as a currency manipulator.
January 15 is when CHF was unpegged from EUR in 2015. What happened on the Forex market on that day?
American iInflation data may affect the USD. Safe-haven assets are down ahead of the agreement between the US and China.