1. CAD/CHF Approaching Support at 0.9381
(Matching tags: Currency Trading,Technical analysis)

The bullish butterfly on the CAD/CHF has completed and seen rapid support directly off the entry of the trade.  The pair has risen past T1 at 0.9495, so we have moved our stop to the original entry (0.9381). ...

2. New Highs in Forex
(Matching tags: FED,Currency Forecast,Federal Open Market Committee,Currency Trading,FOMC,Federal Reserve,greenback)

It is FOMC day which typically means that the foreign exchange market will be consumed by what the Federal Reserve will say and do this afternoon.  However despite the improvements in U.S. economic data ...

3. JPY cuts a swath through the market on sustained bond market strength. USD not putting up much of a fight as gold touches new high .
(Matching tags: Saxo Bank,Central Banks,Currency Trading,Forex Fundamentals)

China's fresh data overnight looks very impressive, though it doesn't seem the market takes much impetus from these data releases, though the strength in Chinese equities contributed to sustained strength ...

4. USD continues to crumble ahead of important bond auction results.
(Matching tags: Currency Trading,Central Banks,Saxo Bank,Forex Market)

The US Weekly ABC consumer confidence number continues to fail to rise in sympathy with the risk willingness evident elsewhere. This week's number was actually the largest drop for this index since late ...