US dollar turns higher as the mood turns negative
The US dollar has turned higher and equities are back in negative territory. It’s been a choppy session and I don’t rule out some dollar demand ahead of the London fix for the latest price action. EUR 15 mins I continue to worry we will see angst ahead of the FOMC decision on Wednesday and […]
AUD/USD turns negative after hitting highest level since June
US Dollar gains momentum during the American session as US yields move higher. Markets wobble after US economic data, ahead of central banks meetings next week. AUD/USD drops after a four-day positive streak. The AUD/USD dropped from the highest level since June during the American session after the US Dollar gained momentum. The pair peaked […]
USD/CHF shifts negative and drops toward 0.9260 on soft USD
USD/CHF retraced earlier gains after printing a daily high of 0.9316. Upbeat US economic data is bad for the greenback as the US Dollar weakens. USD/CHF Price Analysis: A break / daily close below 0.9300 would expose the pair to further selling pressure. The USD/CHF is trading below its opening price, though it failed to […]