Swiss franc is lower today, even though it has been showing some strength recently. Franc is even lower against the euro today, and the euro is struggling in general.…
Swiss Franc Drops in Forex Trading
February 10, 2015
Posts published in February 2015
Yuan Weakens After Chinese Trade Data
February 9, 2015
The Chinese yuan fell today even as data released over the weekend showed that the nation’s trade balance improved. The caveat is that the improvement was a result of the sharp drop of imports, not…
Australian Dollar Rises on Jobs Data
February 9, 2015
The Australian dollar rose today due to signs of continuous improvement of Australia’ labor market. The number of jobs advertisements grew for the eighth consecutive month in January, suggesting that the Australian economy performs relatively…
Euro Struggles to Move Higher Against Other Majors
February 9, 2015
Euro is struggling to move higher against other majors today following drops precipitated by more drama out of Greece. There is a great deal of uncertainty surrounding the euro right now,…
Mixed Week for US Dollar
February 7, 2015
The US dollar was rather mixed during this week. The currency fell against the euro initially but bounced later to end the week flat. The greenback climbed against the euro but dropped…
Excellent Employment Report Makes Canadian Dollar Stronger
February 6, 2015
The Canadian dollar gained today with the help of the excellent employment report. While the loonie was unable to beat the US dollar, the currency demonstrated big gains against its other major peers.…
Dollars Shoots to Upside After Stellar Non-Farm Payrolls
February 6, 2015
The US dollar soared today after US non-farm payrolls demonstrated amazing figures even though the unemployment rate increased. The greenback was especially strong against the Japanese yen. Non-farm payrolls…
Dollar Broadly Lower After Mixed US Data
February 5, 2015
Today, the US dollar traded broadly lower against most of its major counterparts, with the exclusion of the Japanese yen, after mixed macroeconomic indicators from the United States and news from Europe.…
Swiss Franc Trades in Tight Range
February 5, 2015
As the majority of currencies, the Swiss franc rose against the US dollar and the Japanese yen but fell versus the euro during the current trading session. It was rather surprising behavior, considering that…
Australian Dollar Resilient in Face of Negative Fundamentals
February 5, 2015
The Australian dollar edged higher today even though fundamentals, both domestic and overseas, were not particularly supportive for the currency. The currency has been surprisingly resilient after the unexpected interest rate…