Current rate – 1.50662 The dollar strengthened against the euro and the yen on Friday after a robust U.S. jobs report for November bolstered expectations that the Federal Reserve will hike interest rates later this month. The greenback also gained ground against the pound and the Swiss franc, with GBP/USDsliding 0.21% to 1.5112 … More GBP/USD ; MOVEMENT
The strong Us dollar make the counterpart bullish and funding the trend up. The fundamental direction of the pair is really pointing in one direction, as the US walks towards the first rate hike in nine years while the Swiss National Bank investigates even more action to weaken the Franc.
Swissy Sets New 5-year High Current rate – 1.00087 R1 – 1.03379 S1 – 0.99615 As we’re looking the chart above , follow the trend which is forming a morning quit cash flow. Use tight stops, the trend easily can change … More USD/CHF ; H4 MOVEMENT
Current rate – 1.08591 As we suspected in the run-up to the meeting, the increase in easing may be the result of a soft inflation environment, and thus, provoked a reduction in short-term inflation forecasts (per the staff projections), but the fundamental feedback loop of easier policy amid improving economic data otherwise raises … More EUR/USD ; H4