Monday Asian trading, the U.S. dollar against the Swiss franc shock downstream, is now below the 0.94 mark, technically bearish. Data, concerns the United States in June Chicago Fed National Activity Index, U.S. June existing home sales total number of years.
U.S. dollar against the Swiss franc on Friday shock down, days after the dollar further down. Recently the Swiss movement is not much, the trend is still essential to follow the Swiss franc euro fluctuations. this week fundamentals event is extremely limited, neither central bankers speak, there was no material in the context of the meeting, described the news letter light weeks.
However, given the Fed Chairman Ben Bernanke last week to pass out information both good and bad, the Fed reduced the debt purchase largely depends on the performance data. Therefore, in the absence of major events in the case of central banks, the U.S. economic data will run through the week in currency markets, and may guide the week the dollar.
Technically, USDCHF daily chart bearish, KDJ, RSI indicator run down, MACD turned green column.
BY:BFSforex
U.S. dollar against the Swiss franc on Friday shock down, days after the dollar further down. Recently the Swiss movement is not much, the trend is still essential to follow the Swiss franc euro fluctuations. this week fundamentals event is extremely limited, neither central bankers speak, there was no material in the context of the meeting, described the news letter light weeks.
However, given the Fed Chairman Ben Bernanke last week to pass out information both good and bad, the Fed reduced the debt purchase largely depends on the performance data. Therefore, in the absence of major events in the case of central banks, the U.S. economic data will run through the week in currency markets, and may guide the week the dollar.
Technically, USDCHF daily chart bearish, KDJ, RSI indicator run down, MACD turned green column.
BY:BFSforex