September 10th, 2010 07:48:23 GMT

EUR/USD extending recovery

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The Dubai World news seems to have been the trigger for quite a rebound in risk sentiment.  EUR/USD up at 1.2730, EUR/CHF up around 1.3000.  Cable has rebounded strongly, presently at 1.5450. Guess we should be alert to renewed SNB … Continue reading

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September 7th, 2010 12:32:55 GMT

EUR/CHF stops eyed below 1.2850

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With jitters once again running high in the forex market, where to traders flock? EUR/CHF shorts, of course. Stop-loss-sell orders are perched just below the all-time low at 1.2850, traders report, and below  1.0066. 1.0085 is support just ahead of … Continue reading

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September 2nd, 2010 06:55:19 GMT

EUR/CHF lower

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Down at 1,2965 from early 1.3010, with reports a UK cleaer has been notable seller of the cross this morning. Better than expected Q2 GDP data will have supported swissy.

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