Browsing Tag

AUDCHF

The Week Ahead: Any Color But Green

USDCHF Slides After Weak Jobs Data A new presidential era might not be enough to turn the tide in favor of the US dollar. Actually, state-backed asset inflation has become business as usual. It would be economically and politically…

The Week Ahead: Job Security

USDJPY Looks for Jobs Volatility The much-battered US dollar may not be out of the woods yet. Judging by improved sentiment across the board - equities and commodities making new highs, investors are eager to exchange their greenback…

The Week Ahead: Where’s the Money?

EURCAD Retreats as Budget Hits Roadblock The euro came under pressure after the EU’s budget ran into a stalemate. Its approval which includes the 750 billion euro Recovery Fund has turned political after Hungary and Poland rejected…

AUDCHF About to Exhaust?

AUDCHF has been on an upwards trajectory since the beginning of November, as bulls pushed to $0.67. Prices broke through the previous high of $0.6686 which was created in August but failed at the next top of $0.6712. This could mean that…

The Week Ahead: Round Two

USDJPY Bounces Ahead of Key Data Risk aversion has put the US dollar back on track at the expense of risk-sensitive assets, for now. Short side’s profit takings ahead of this week’s string of data have likely contributed to the…

AUDCHF Looks for Yearly Highs

AUDCHF has been trading in an ascending channel from the middle of June. Since then, we have witnessed several attempts to break the upper line. The lower channel has also been tested as prices move away from the psychological 0.65 area.…

The Week Ahead: Trade Complication

USDJPY Rises Back as Trade Talks Resumes The US dollar has seen its sell-off stalled across the board as investors await new catalysts for the next directional move. While bargain hunting and short covering have helped the…