US NFP Aftermath: USD Lower

Key Highlights US dollar was seen correcting lower after critical releases during the start of the NY session. US Nonfarm Payrolls report was be released by the US Department of Labor, which came in at 223K in June 2015 whereas the market was expecting it to be around 230K. US unemployment rate ticked down from 5.5% to 5.3% in June 2015 more than the forecast. US NFP...
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USDCHF Remains as Risk of Declines

Key Highlights US Dollar struggled during the past couple of sessions against currencies such as the Euro and the Swiss Franc. USDCHF is trading lower with support at 0.9300, which if breached might ignite more losses. US Services Purchasing Managers Index (PMI) released by Markit Economics posted a decline from the last reading of 56.4 to 56.2 in May 2015. US Servic...
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EURCHF Slow and Steady Downtrend

Key Highlights Euro is following a nice downtrend against the Swiss Franc, which is likely to continue in the short term. German GFK Consumer Confidence released earlier today posted a rise to 10.2 from 10.1 in May. Swiss UBS Consumption Indicator posted a decline from the last revised reading of 1.34 to 1.25 in April 2015. German GFK Consumer Confidence Earlier d...
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Dollar Eyeing Gains against CHF Ahead of CPI Report

Key Highlights US Dollar enjoyed good gains against the Swiss Franc, and looks set for more upsides in the near term. US Consumer Price Index will be released by the US Bureau of Labor Statistics today, which is expected to increase by 0.1% in April 2015. Canadian Consumer Price Index (CPI) is also lined by the Statistics Canada, which is forecasted to rise by 0.1%. ...
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USDCHF – Could finally be Start of US Dollar Weakness?

Key Highlights US Dollar weakened a lot against a few major currencies, including the Swiss franc as US Services PMI came below the forecast. US Services Purchasing Managers Index (PMI) released by Markit Economics declined from 57.8 to 57.4 in April 2015. US ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) managed to post a rise from 56...
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US Dollar Nosedives as Sentiment Faded

Key Highlights US dollar traded sharply lower against a basket of currencies including the Euro and the Swiss franc, and looks set for more losses. US Consumer Confidence released by the Conference Board declined to 95.2 in April 2015. Richmond Fed Manufacturing Index also fell to -3 in April, compared to the forecast of -2. US S&P/Case-Shiller Home Price Index ma...
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US NFP Report to Spark Moves in USDCHF

Key Highlights US dollar weakened against the Swiss franc, as the greenback looks like nervous ahead of the key releases in the US. Today, the US nonfarm payrolls will be released by the US Department of Labor, which is expected to post an increase of 244K in March 2015, compared to the last rise of 295K. USDCHF forming a major resistance around 0.9660 and support at 0....
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