Parity Party for the Swissy
The Swiss Franc has reached parity with the US dollar. Apart from the general weakness of the greenback across the board, also the Swiss National Bank has a role in bringing USD/CHF to 1.
USD/CHF reached a year-to-date low of 0.9960 and trades now at a perfect 1.0000. The pair last reached this rate in April [...]
USD/CAD breaking minor support – the move is fragile
The Canadian dollar built up strength from a few factors and managed to break a minor support line. It’s now back to the levels that it was before the greenback comeback, but has bumps on the way.
USD/CAD now trades at 1.0520, after touching the round number of 1.0500. Since the beginning of the week, it [...]
Canadian Dollar Outlook – November 2-6
Looking for the latest outlook for this week? Check the full section: USD/CAD Forecast.
After a disappointing GDP result, USD/CAD is far from parity. This week’s employment figures are among the events that will impact the loonie. Here’s an outlook for this week’s Canadian events, and an updated technical analysis for USD/CAD:
USD/CAD Chart with support and resistance [...]
Dollar Wins the week big time – Are the tables turning?
This was the week of the dollar, making a strong corrective move across the board. This temporarily halted with the release of the good GDP from the US, but risk appetite was soon replaced with fear. Fear started the week and and fear closed it.
The US dollar index rose from 75.30 to 76.26 at the [...]
Forex Weekly Outlook – October 26-30 2009
The last week of October provides American and Canadian GDP, rate decision in New Zealand and Japan, and many other important figures from all over the globe. Will the dollar continue weakening? Let’s see what will affect the markets this week.
General dollar weakness didn’t affect all the currencies. Some have their own troubles. In the [...]
Canadian Dollar Outlook – October 19-23 2009
Looking for the latest outlook for this week? Check the full section: USD/CAD Forecast.
The Canadian dollar had a good start to the week, getting closer to parity, but was thrown back on weak data. This week is important for the loonie, with a rate decision and 6 other events. Here’s an outlook for this week’s events [...]
Forex Weekly Outlook – October 19-23 2009
After another week of general dollar weakness, this week’s highlights are housing data from the US, meeting minutes from all over the world, a rate decision in Canada and British GDP. There are many more important releases. Let’s see what’s expecting us this week:
The past week showed us that also in the Asian sessions, dramatical [...]

